Village Partners Ventures LLC & Bascom Group LLC Secure $77M Construction Loan For Montclair Mixed-Use Property | 5050 Arrow Highway | Matt Benson, Mark Erland | Mixed-use | Loan

Summary

Loan

CALIFORNIA

Mixed-use

45,100 sqft

The mixed-use property at 5050 Arrow Highway in Montclair has been involved in a closed transaction. The property spans across 6.0 acres and is located in the Montclair market.

Summary of transaction details:

Property Type: Mixed-use
Transaction Date: 01/04/2022
Address: 5050 Arrow Highway
Market: Montclair
Acres: 6.0

The landlord for this property is Village Partners Ventures LLC, represented by Don Henry, Michael Morris, and Bascom Group LLC, represented by Jerry Fink. The brokers involved in the deal are Mark Erland and Matt Benson from JLL.

A construction loan of $77,000,000 has been secured for this transaction.

Players

All
3

Agents
2
Agencies
1

Details

Deal Summary

FINANCED

IMAGE: Matt Benson & Mark Erland DATE: 01/04/2022 ADDRESS: 5050 Arrow Highway MARKET: Montclair ASSET TYPE: Mixed-use ~ ACRES: 6.0 LANDLORD: Village Partners Ventures LLC - Don Henry & Michael Morris & Bascom Group LLC - Jerry Fink BROKERS: Mark Erland & Matt Benson - JLL LOAN AMOUNT: $77,000,000 LOAN TYPE: Construction Loan

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Address5050 Arrow Highway

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