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Parkview Financial Provides $29M Loan For Mega Home's Condo Project In Koreatown

2939 Leeward Avenue
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This property located in CA received a loan of $29,000,000 about 5 years ago.

Peter Sherman and Jay Maddox are pictured in a photo shared on Instagram, marking their involvement in a recent real estate transaction. The transaction took place on January 8, 2019, at 2939 Leeward Ave in the Koreatown market. The property in question is a condo with 80 units owned by Mega Home LLC. Parkview Financial acted as the lender for the transaction and provided a loan amount of $29,000,000. The project is expected to be completed in the spring.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $29,000,000
  • Address: 2939 Leeward Ave
  • Market: Koreatown
  • Units: 80
  • Lender: Parkview Financial
  • Landlord: Mega Home LLC

In this real estate deal, Peter Sherman and Jay Maddox played a significant role. They were involved in securing the loan from Parkview Financial for the condo property located at 2939 Leeward Ave. The transaction involved Mega Home LLC as the landlord. With 80 units, this condo project is anticipated to be completed in the spring.

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  • Location
    2939 Leeward Avenue, Los Angeles, CA, USA2939 Leeward Avenue, Los Angeles, CA, USA
  • Loan Value
    $29,000,000$29,000,000
  • Parties
    1 Lender1 Lender

Parkview Financial

Parkview Financial

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Volume$ 39.8B

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Deal Summary

LOAN IMAGE: Peter Sherman and Jay Maddox DATE: 01/08/2019 ADDRESS: 2939 Leeward Ave. MARKET: Koreatown ASSET TYPE: Condo LENDER: Parkview Financial LANDLORD: Mega Home LLC LOAN AMOUNT: $29,000,000 UNITS: 80 NOTE: The project is expected to be completed in the spring.

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