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500 Broadway
Financing
Aug 20, 2019
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Metrics
Mezzanine Debt
structure
$31M
amount
5
term years
N/A
interest rate
Floating
fixed vs floating
N/A
financing types
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structure:
Mezzanine Debt
Bridge Loan
CMBS
EB-5
Equity
Mezzanine Debt
Preferred Equity
Senior Loan
amount:
term years:
interest rate:
fixed vs floating:
Floating
Fixed
Floating
financing types:
Bridge Loan
CMBS
Construction
EB-5
Refi
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Properties
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500 Broadway
500 Broadway, Santa Monica, CA, 90401
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The Witkoff Group
Borrower
Mirae Asset Daewoo
Lender
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South Korean Firm Provides $31M Mezz Loan on Witkoff Cali Resi Project
Source: Commercial Observer
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Contributors to this transaction
Commercial Observer