Rescore Property Corp. Acquires Development Site In Hollywood For $138M Loan
Walker & Dunlop brokers deal $138,000,000 in Hollywood
Single Family Residence
Financed 1 year ago
Summary
Located in Hollywood, this development site is a sought-after property in the market. The transaction, which took place on February 18, 2021, involved a loan amounting to $138,000,000 with a term of four years. This asset encompasses 369 units, making it a significant investment opportunity in the area.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $138,000,000
- Market: Hollywood
- Units: 369
Rescore Property Corp., represented by Arthur Falcone and Tony Avila, acted as the landlord in this deal. The lender, Square Mile Capital Management, played a crucial role in providing the necessary funds. Furthermore, Eric McGlynn from Walker & Dunlop served as the broker for this transaction, assisting in facilitating the deal.
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Walker & Dunlop brokers deal $138,000,000 in Hollywood
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