$21.5M Retail Acquisition Bridge Loan;

Property:

7-acre parcel with unobstructed, panoramic views of Los Angeles from Downtown to the Westside.  The property contains 48 multifamily units and a historic 20,000 sf restaurant.

 

Location:

1999 N. Sycamore Ave, Hollywood, CA 90068

The property is directly behind (up the hill from) the Magic Castle in Hollywood.

 

Financing:

HRC arranged a $21.5M non-recourse bridge loan for the acquisition of the iconic Yamashiro restaurant and Hollywood Hill Hotel in Hollywood, CA.