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Gemdale USA Secures $94.3M Construction Loan For Multifamily Property In Pleasant Hill

85 Cleaveland Road
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This MultiFamily property located in CA received a loan of $94,300,000 over 1 year ago. The brokers of the deal were Brandon Roth, Nicco Lupo, Jordan Angel, and Tatiana Hodapp

The multifamily property located at 85 Cleaveland Road in Pleasant Hill has been involved in a recent transaction. The deal, which took place on 07/22/2022, was facilitated by Gemdale USA, the landlord of the property. Bank OZK provided a construction loan of $94,300,000 for this transaction. The property has an address of 85 Cleaveland Road and is situated in the Pleasant Hill market.

Summary of transaction details

JLL Capital Markets represented the parties involved in the transaction, with Brandon Roth, Nicco Lupo, Jordan Angel, and Tatiana Hodapp serving as brokers. This deal marks a significant development in the multifamily property market in Pleasant Hill.

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Deals
  • Location
    85 Cleaveland Road, Pleasant Hill, California 94523, United States85 Cleaveland Road, Pleasant Hill, California 94523, United States
  • Loan Value
    $94,300,000$94,300,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency, 1 Lender4 Brokers, 1 Agency, 1 Lender

Agents

Tatiana Hodapp

Tatiana Hodapp

Deals1
Financed$94.3M

Nicco Lupo

Nicco Lupo

Deals16
Financed$2.8B

Brandon Roth

Brandon Roth

Deals3
Financed$476.3M

Jordan Angel

Jordan Angel

Deals6
Financed$294.3M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

Bank OZK

Bank OZK

Lender
Deals77
Volume$ 338.9B

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Deal Summary

LOAN IMAGE: Jordan Angel, Tatiana Hodapp, Nicco Lupo & Brandon Roth DATE: 07/22/2022 ADDRESS: 85 Cleaveland Road MARKET: Pleasant Hill ASSET TYPE: Multifamily LENDER: Bank OZK LANDLORD: Gemdale USA BROKERS: Brandon Roth, Nicco Lupo, Jordan Angel & Tatiana Hodapp - JLL Capital Markets LOAN AMOUNT: $94,300,000 LOAN TYPE: Construction

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85 Cleaveland Road

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