Six Peak Capital Acquires Package Deal With 118 Units In Eagle Rock, North Hollywood, East Hollywood & Koreatown For $53.7M Loan
George Smith Partners brokers loan for $53,700,000 in Los Angeles
Summary
A package deal consisting of 118 units in Eagle Rock, North Hollywood, East Hollywood, and Koreatown was recently closed. The transaction, which took place on 03/16/2022, involved a bridge loan provided by MF1. The loan amount for the deal was $53,700,000. The property was acquired by Six Peak Capital, represented by Chris Aiello.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $53,700,000
- Units: 118
- Market: Eagle Rock, North Hollywood, East Hollywood, Koreatown
The transaction was facilitated by a team of brokers from George Smith Partners, including Malcolm Davies, Zack Streit, Drew Sandler, Alexander Rossinsky, Aiden Moran, Brandon Asherian, and Ben Tracy. This collaboration played a crucial role in successfully closing the deal. The package deal, involving the acquisition of 118 units across multiple locations, showcases the expertise and capabilities of all parties involved.
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