First Republic Bank Provides $70M Loan For Inglewood Market Gateway Development Project | 213 East Regent Street | First Republic Bank | Brian Bowis, Anthony Muhlstein | Development Site | Loan

Summary

Loan

CALIFORNIA

Development Site

260,012 sqft

Inglewood Market Gateway, a transit-oriented mixed-use development, has been closed on a 2.77-acre site in Inglewood. The property, located at 213 E. Regent Street, consists of 242 units and approximately 48,000 square feet of ground-floor retail space. The deal was facilitated by developers Thomas Safran & Associates and Black Equities.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $70,000,000
Units: 242

The loan for the Inglewood Market Gateway project was secured from First Republic Bank. Brian Bowis and Anthony Muhlstein from Newmark Knight Frank served as the brokers for the deal.

Players

All
4

Agents
2
Agencies
1
Lenders
1

$52.8M Sold

$540.9M Sold

Details

Deal Summary

FINANCED

IMAGE: Brian Bowis, Anthony Muhlstein, Stanley Black, Zach Zalben, Thomas Safran & Jordan Pynes DATE: 09/30/2019 ADDRESS: 213 E. Regent Street MARKET: Inglewood ASSET TYPE: Development Site LENDER: First Republic Bank LANDLORD: Black Equities and Thomas Safran & Associates BROKERS: Brian Bowis, Anthony Muhlstein - Newmark Knight Frank LOAN AMOUNT: $70,000,000 UNITS: 242 NOTES: Inglewood Market Gateway is a transit-oriented mixed-use development on a 2.77-acre site featuring 242 units and approximately 48,000 square feet of ground-floor retail. Developers: Thomas Safran & Associates, Black Equities.

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Address213 East Regent Street

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