Continental Partners ’s Post

LOAN Learn More: https://lnkd.in/eETYnyMw IMAGE: JM Grimaldi & Ardy Pirnia DATE: 02/20/2024 ADDRESS: 1100 South Beverly Drive MARKET: Beverly Hills ASSET TYPE: Office ~ SF: 7,160 LENDER: Continental Partners LANDLORD: Ardy Pirnia - The Pirnia Law Group LENDER’S REP: JM Grimaldi - Continental Partners LOAN AMOUNT: $3,690,000 LOAN TYPE: Acquisition Loan LOAN TERMS: 25 years fixed @ 90% LTPP NOTE FROM LENDER’S REP: Loan proceeds were structured at 90% of purchase price between 1st and 2nd trust deeds. Both loans are fixed for 25 years with the 1st trust deed priced at 6.78% and the 2nd at 6.381%. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #TradedPartner #BeverlyHills #Office #ArdyPirnia #ContinentalPartners #JMGrimaldi #PirniaLawGroup