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Walker & Dunlop brokers deal $138,000,000 in Hollywood
FINANCED

Rescore Property Corp. Acquires Development Site In Hollywood For $138M Loan

Walker & Dunlop brokers deal $138,000,000 in Hollywood

Single Family Residence
clock iconFinanced 1 year ago
Anthony (TJ) Paradise
Jenna Cooper
Eric McGlynn
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Summary

Loan
FLORIDA
Single Family Residence

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.

Players

  • All

    7

  • Agents

    3

  • Agencies

    3

  • Lenders

    1

Anthony (TJ) Paradise's profile picture
Anthony (TJ) Paradise
Sotheby's International Realty-image
Professional Realtor
$20.5M Sold
Jenna Cooper's profile picture

Details

Deal Summary
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FINANCED
IMAGE: Arthur Falcone, Tony Avila & Eric McGlynn DATE: 02/18/2021 MARKET: Hollywood ASSET TYPE: Development site ~ UNITS: 369 LENDER: Square Mile Capital Management LANDLORD: Rescore Property Corp. - Arthur Falcone & Tony Avila BROKER: Eric McGlynn - Walker & Dunlop AMOUNT: $138,000,000 ~ TERMS: four-year

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AddressWalker & Dunlop brokers deal $138,000,000 in Hollywood

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