Maximus Real Estate Partners Secures $1.775B Loan For Lakeshore Multifamily | 3711 19th Avenue | Douglas (Doug) Harmon, Adam Spies | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

3,000,000 sqft

The multifamily property located at 3711 19th Avenue in Lakeshore was involved in a closed transaction.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $1,775,000,000
Address: 3711 19th Avenue
Market: Lakeshore
Lender: Citi, Barclays, AIMCO
Landlord: Maximus Real Estate Partners - Robert Rosania
Loan Terms: CMBS, fixed-rate, interest-only
Units: 3,221
Square Footage: 3,000,000
Brokers: Patrick Hanlon - Ackman Ziff, Adam Spies & Doug Harmon ushwake

The loan for this transaction was provided by Citi, Barclays, and AIMCO. The loan amount was $1,775,000,000 and the loan terms included CMBS, fixed-rate, and interest-only payments. The property consists of 3,221 units with a total square footage of 3,000,000. The landlords involved in the deal are Maximus Real Estate Partners, represented by Robert Rosania. The brokers representing the transaction were Patrick Hanlon from Ackman Ziff and Adam Spies & Doug Harmon from ushwake.

Players

All
3

Agents
2
Agencies
1

Douglas (Doug) Harmon

Co-Head of U.S. Capital Markets

$22.4B Sold

Adam Spies

Co-Head of U.S. Capital Markets

$30.9B Sold

Newmark

Details

Deal Summary

FINANCED

IMAGE: Robert Rosania, Adam Spies, Doug Harmon & Patrick Hanlon DATE: 12/04/2019 ADDRESS: 3711 19th Avenue MARKET: Lakeshore ASSET TYPE: Multifamily LENDER: Citi, Barclays, AIMCO LANDLORD: Maximus Real Estate Partners - Robert Rosania LOAN AMOUNT: $1,775,000,000 LOAN TERMS: CMBS, fixed-rate, interest-only UNITS: 3,221 SF: 3,000,000 BROKERS: Patrick Hanlon - Ackman Ziff, Adam Spies & Doug Harmon - @cushwake

View on map

Address3711 19th Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want