Six Peak Capital & Grandview Partners Secures $40M Construction Loan For Multifamily In Los Angeles | 4339 Berryman Avenue | Zachary (Zack) Streit, Malcolm Davies | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

99,602 sqft

Six Peak Capital and Grandview Partners have obtained a $40,000,000 construction loan from East West Bank for a multifamily property located at 4339 Berryman Ave and 4367 Berryman Avenue in Los Angeles, CA. The property consists of 282 units and spans a total area of 99,602 square feet.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $40,000,000
Address: 4339 Berryman Ave, Los Angeles, CA
Units: 282
Square Footage: 99,602
Lender: East West Bank
Landlord: Six Peak Capital & Grandview Partners
Brokers: Malcolm Davies, Zack Streit - WAY Capital, Inc.

The loan obtained is a construction loan, providing the necessary financing for the development of the property.

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Players

Agents
2

Agencies
1

Zachary (Zack) Streit

Malcolm Davies

Founder/Senior Managing Partner

Details

Deal Summary

FINANCED

IMAGE: Trevor Oliff, Malcolm Davies, Chris Aiello & Zack Streit DATE: 09/16/2022 ADDRESS: 4339 Berryman Ave & 4367 Berryman Avenue MARKET: Los Angeles, CA ASSET TYPE: Multifamily ~ UNITS: 282 ~ SF: 99,602 LENDER: East West Bank LANDLORD: Six Peak Capital (@SixPeakCapital) & Grandview Partners (@GrandViewPartners) BROKERS: Malcolm Davies, Zack Streit - WAY Capital, Inc. (@WayCapitalCRE) LOAN AMOUNT: $40,000,000 LOAN TYPE: Construction

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Address4339 Berryman Avenue

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