DDG Partners Secures $26M Bridge Loan For Multifamily Property In San Francisco | 235 Valencia Street | Ari Hirt, Aaron Appel | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

25,900 sqft

The multifamily property located at 235 Valencia St. in San Francisco has recently undergone a loan transaction. The property spans approximately 25,900 square feet and consists of 40 units. The loan, arranged by Dwight Mortgage Trust, was secured by Ian Hawk and David Scheer. The loan amount was $26,000,000, and it was categorized as a bridge loan.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $26,000,000
Address: 235 Valencia St.
Market: San Francisco
Square Footage: 25,900
Units: 40
Lender: Dwight Mortgage Trust - Ian Hawk & David Scheer
Landlord: DDG Partners - Joseph McMillan
Brokers: Aaron Appel & Ari Hirt - Walker & Dunlop

In addition to the lenders and landlords involved in the transaction, brokers Aaron Appel and Ari Hirt from Walker & Dunlop played a significant role in facilitating the deal.

Players

All
3

Agents
2
Agencies
1

Ari Hirt

Managing Director

$8.7M Sold

Aaron Appel

Senior Managing Director

$266M Sold

Walker & Dunlop

Details

Deal Summary

FINANCED

IMAGE: David Scheer, Ian Hawk, Ari Hirt, Aaron Appel & Joseph McMillan DATE: 04/20/2022 ADDRESS: 235 Valencia St. MARKET: San Francisco ASSET TYPE: Multifamily ~ SF: 25,900 ~ UNITS: 40 LENDER: Dwight Mortgage Trust - Ian Hawk & David Scheer LANDLORD: DDG Partners (@DdgPartners)- Joseph McMillan BROKERS: Aaron Appel & Ari Hirt (@Hirtari) - Walker & Dunlop (@WalkerDunlop) LOAN AMOUNT: $26,000,000 LOAN TYPE: Bridge

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Address235 Valencia Street

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