Stewards Secures $79 Million Refinance Loan From Varde Partners & CCL Capital For 273-Unit Multifamily

The asset involved in this transaction is a multifamily property located at 1818 Hollywood Boulevard in the Hollywood market. This property contains a total of 273 units and covers a square footage of 498,512. The loan amount for this refinance transaction is $79,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $79,000,000
• Units: 273
• Square Footage: 498,512
• Address: 1818 Hollywood Boulevard
• Market: Hollywood
• Lender: Varde Partners & CCL Capital
• Borrower: Stewards
• Brokers: Jay Miller, Aj Felberbaum, Noah Rothman & Spencer Miller - BayBridge Real Estate Capital

This transaction was facilitated by a team of brokers from BayBridge Real Estate Capital, comprised of Jay Miller, Aj Felberbaum, Noah Rothman, and Spencer Miller, who played a crucial role in the refinance deal for the borrower, Stewards.