Trez Capital Provides $70M Loan For Multifamily Property On Hollywood Blvd

A multifamily property located at 1818 Hollywood Blvd in Hollywood was recently involved in a closed transaction. The property, totaling 1.4 acres, consists of 273 units. The transaction took place on 02/19/2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $70,000,000
• Lender: Trez Capital
• Landlord: Chip R. Abele Jr.
• Units: 273
• Acres: 1.4

Trez Capital provided a loan of $70,000,000 for the transaction. The property's landlord, Chip R. Abele Jr., represented by their broker, was involved in the deal. Additional information regarding this transaction was not provided.