Continental Partners Provides $4.3M Construction To Perm Loan For Multifamily Asset On Virginia Avenue In East Hollywood
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This MultiFamily property located in CA received a loan of $4,300,000 over 3 years ago. The brokers of the deal were JM Grimaldi and Brian Asheghian
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- Location5533 Virginia Avenue, East Hollywood, Los Angeles, CA 90038, USA
- Loan Value$4,300,000
- Asset TypeMultiFamily
- Parties2 Brokers, 2 Agencies, 1 Lender
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Deal Summary
LOAN
IMAGE: Brian Asheghian & JM Grimaldi
DATE: 07/09/2021
ADDRESS: 5533 Virginia Ave.
MARKET: East Hollywood
ASSET TYPE: Multifamily
LENDER: Continental Partners
LANDLORD: Joseph Simantoub
BROKERS: Brian Asheghian (@BAsheghian) & JM Grimaldi (@Watchtog)
LOAN AMOUNT: $4,300,000
LOAN TERMS: 10 Year Fixed Construction to Perm Loan at 70% of Cost at 3.95%
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5533 Virginia Avenue
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