Romspen Provides $24.25M Acquisition Loan For 333 Multifamily Unit Development Site In Thousand Oaks | 2150 West Hillcrest Drive | Romspen | Ian Shapiro, Chad Morgan, Charles Halladay, Bercut Smith | Development Site | Loan

Summary

Loan

CALIFORNIA

Development Site

315,684 sqft

The development site located at 2150 W. Hillcrest Dr. in Thousand Oaks has been involved in a recent closed transaction. The property is a development site consisting of 333 multifamily units with a building square footage (BSF) of 315,684. The transaction took place on 03/24/2022.

Summary of transaction details

Property Type: Development Site (333 Multifamily Units) ~ BSF: 315,684
Loan Amount: $24,250,000
Loan Type: Acquisition
Lender: romspen''>Romspen
Landlord: The Latigo Group
Brokers: Bercut Smith, Charles Halladay, Chad Morgan & Ian Shapiro - JLL

The loan for the property amounting to $24,250,000 was provided by Romspen. The landlord in this transaction is The Latigo Group. The brokers involved in this deal are Bercut Smith, Charles Halladay, Chad Morgan, and Ian Shapiro from JLL.

Players

All
6

Agents
4
Agencies
1
Lenders
1

Senior Managing Director, San Francisco Office Co-Head

$311.6M Sold

Details

Deal Summary

FINANCED

IMAGE: Ian Shapiro, Charles Halladay, Bercut Smith & Chad Morgan DATE: 03/24/2022 ADDRESS: 2150 W. Hillcrest Dr. MARKET: Thousand Oaks ASSET TYPE: Development Site (333 Multifamily Units) ~ BSF: 315,684 LENDER: Romspen LANDLORD: The Latigo Group BROKERS: Bercut Smith (@BercutSmith), Charles Halladay, Chad Morgan (@ChadMorgann) & Ian Shapiro - JLL(@Jll) LOAN AMOUNT: $24,250,000 LOAN TYPE: Acquisition

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Address2150 West Hillcrest Drive

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