Meyer Saffati From Equity Lending Solutions Grants $3M Acquisition Loan In Hollywood

A Single Family property in Hollywood with 3,789 square feet was involved in a recent transaction. The acquisition loan for this property amounted to $3,000,000 with loan terms of 18-month interest only, facilitated by Meyer Saffati from Equity Lending Solutions and Roberto J. Perea from 710 Capital.

Summary of transation details:

• Property Type: Single Family
• Transaction Amount: $3,000,000
• Market: Hollywood
• Lender: Meyer Saffati - Equity Lending Solutions
• Broker: Roberto J. Perea - 710 Capital
• Loan Type: Acquisition Loan
• Loan Terms: 18 month interest only
• Loan Details: 85% LTC and 10.625% rate

Meyer Saffati, representing Equity Lending Solutions, provided the acquisition loan for the Hollywood property. On the brokerage side, Roberto J. Perea, from 710 Capital, played a crucial role in facilitating the deal, ensuring a smooth transaction process for all parties involved.