Lightstone Capital Provides $49M Loan For Mixed-Use Properties In Santa Monica & Sawtelle
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This Mixed-use property located in CA received a loan of $49,000,000 almost 2 years ago. The brokers of the deal were Rahim Thobani and Richard Sutton
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- Location701 Colorado Avenue, Santa Monica, California 90404, United States
- Loan Value$49,000,000
- Asset TypeMixed-use
- Parties2 Brokers, 1 Agency, 1 Lender
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Deal Summary
LOAN
IMAGE: Neil Shekhter, Scott Walter, Eugene Rozovsky, Alexander Shekhter, Justin Piasecki, Adam Shekhter & Richard Sutton
DATE: 04/13/2022
ADDRESSES: 701 Colorado Avenue, 1421 and 1427 Barry Ave
MARKET: Santa Monica & Sawtelle
ASSET TYPE: Mixed-use
LENDER: Lightstone Capital - Eugene Rozovsky
LANDLORD: WS Communities - Alexander Shekhter, Adam Shekhter, & Scott Walter; NMS Residential - Neil Shekhter
BROKERS: Justin Piasecki & Richard Sutton - Lev; Rahim Thobani - RST Capital Partners
LOAN AMOUNT: $49,000,000
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701 Colorado Avenue, 1421 & 1427 Barry Avenue
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