LOAN
IMAGE: Tameer Orevi & Avi Kohen
DATE: 03/03/2021
ADDRESS: 222 N. Manhattan Place
MARKET: Koreatown
ASSET TYPE: Development Site
LENDER: Tameer Orevi @TameerOrevi – Patch Of Land Lending
LANDLORD: Manhattan Lofts Group
BROKERS: Avi Kohen @HardMoneyKohen
LOAN AMOUNT: $4,033,250
BSF: 14,908
LOAN TERMS: Construction Financing at 85% LTC for 16 Units, 18 Month Loan Term, Closed in Just Over 4 Weeks Using Another Lender’s Appraisal