Eli Sasson Secures $33.4M Loan From Nick Blatin For Beverly Hills Mansion

A single-family property located at 620 Arkell Drive in Beverly Hills has been involved in a significant loan transaction. The property, valued at $88 million, is currently owned by developer Eli Sasson. This transaction included a bridge loan amounting to $33.4 million with a 12-month term, serving to refinance $28.6 million in existing debt.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $33,400,000
• Lender: Nick Blatin - Private Money Solutions
• Landlord: Eli Sasson
• Loan Type: Bridge
• Loan Terms: 12-month
• Market: Beverly Hills
• Property Address: 620 Arkell Drive

This transaction highlights the involvement of Nick Blatin from Private Money Solutions, who specializes in addressing complex real estate challenges. The loan was critical in preserving the opportunity to sell the property, underscoring the growing reliance on private lenders in the current market.