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Helaba Provides $95M Loan For Resi Condo At 705 W. 9th St. In DTLA

705 West 9th Street
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This property located in CA received a loan of $95,000,000 about 5 years ago.

A residential condo property located at 705 W. 9th St. in DTLA has recently been involved in a closed transaction. The property consists of 214 units and was sold for a loan amount of $95 million. The loan has a term of 10 years and was provided by helaba''>Helaba. The landlord in this transaction is ASB RE Investments.

Summary of transaction details

  • Property Type: Resi Condo
  • Transaction Amount: $95M
  • Address: 705 W. 9th St.
  • Market: DTLA

In this deal, Helaba served as the lender, providing a loan amount of $95 million. ASB RE Investments acted as the landlord. The transaction involved the sale of a residential condo property located at 705 W. 9th St. in DTLA, consisting of 214 units. The loan term is set at 10 years, allowing the buyer to utilize the property for an extended period.

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Deals
  • Location
    705 West 9th Street, Los Angeles, CA 90015, USA705 West 9th Street, Los Angeles, CA 90015, USA
  • Loan Value
    $95,000,000$95,000,000
  • Parties
    1 Lender1 Lender

Helaba

Helaba

Lender
Deals18
Volume$ 160.5B

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Deal Summary

LOAN IMAGE: Robert Bellinger DATE: 01/25/2019 ADDRESS: 705 W. 9th St. MARKET: DTLA ASSET TYPE: Resi Condo LENDER: Helaba LANDLORD: ASB RE Investments LOAN AMOUNT: $95M LOAN TERMS: 10-year UNITS: 214

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