FINANCED
Zephyr Development Secures $107M Loan For South Lake Tahoe Development Site
346 Eugene Drive Stateline, NV
Development Site
202,621 SF
202,621 SF
Financed 1 year ago
Summary
Loan
CALIFORNIA
Development Site
202,621 sqft
A development site in South Lake Tahoe, located at 346 Eugene Drive, has recently been involved in a closed transaction. The property, with a total square footage of 202,621 square feet, boasts 143 units for potential development. The transaction took place on January 25, 2019.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $107,000,000
- Address: 346 Eugene Drive, Stateline, NV
- Market: South Lake Tahoe
The lender involved in this transaction was ACORE, represented by Warren de Haan. The loan amount provided for the development site was $107,000,000. The landlord of the property is Zephyr Development. Faisal Ashraf, from Lotus Capital Partners, acted as the broker in this deal.
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1
Agents
1
Details
FINANCED
IMAGE: Faisal Ashraf, Gary Sabin & Warren de Haan
DATE: 01/25/2019
ADDRESS: 346 Eugene Drive Stateline, NV
MARKET: South Lake Tahoe
ASSET TYPE: Development Site
LENDER: ACORE - Warren de Haan
LANDLORD: Zephyr Development
LOAN AMOUNT: $107,000,000
UNITS: 143 units
BSF: 202,621
BROKER: Faisal Ashraf @lotus_capital_partnersView on map
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Address346 Eugene Drive Stateline, NV
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