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Greystone Provides $6.4M Construction Loan For Multifamily Nursing Home In Angels Camp

1400 Foothill Village Drive
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This MultiFamily property located in CA received a loan of $6,400,000 over 3 years ago. The brokers of the deal were Yaakov Zar and Matthew (Matt) Rubin

The property asset involved in this transaction is a multifamily located at 1400 Foothill Village Drive in Angels Camp. The transaction took place on 12/04/2020.

Summary of transaction details

The loan provided for this transaction is a construction/value add loan for a Nursing Home. It is a non-recourse loan with a term of 24 months, including two 6-month extension options.

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Deals
  • Location
    1400 Foothill Village Dr, Angels Camp, CA, USA1400 Foothill Village Dr, Angels Camp, CA, USA
  • Loan Value
    $6,400,000$6,400,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Matthew (Matt) Rubin

Matthew (Matt) Rubin

Deals5
Financed$15.2M

Yaakov Zar

Yaakov Zar

Deals34
Financed$184M

Agency

Lev

Lev

Agency
Deals111
Volume$1.3B

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Deal Summary

LOAN IMAGE: Matthew Rubin, Yaakov Zar, Dan Sacks, Avi Kozlowski DATE: 12/04/2020 ADDRESS: 1400 Foothill Village Drive MARKET: Angels Camp ASSET TYPE: Multifamily LENDER: Greystone BROKERS: Yaakov Zar & Matthew Rubin @LevCapital AMOUNT: $6,400,000 LOAN TERMS: Construction/value add loan for a Nursing Home. Non-recourse, Term: 24 months with two, 6 month extension options

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1400 Foothill Village Drive

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