REBusinessOnline

George Smith Partners Secures $26.5M Loan for Mixed-Use Community in Hollywood

HOLLYWOOD, CALIF. — George Smith Partners has arranged $26.5 million in refinancing for Gershwin Apartments, a mixed-use property located on Hollywood Boulevard in Hollywood.

The borrowers, which acquired the property in 2015, are Massie Capital and Glenn & Shannon Dellimore. The property features 163 apartments and 10,500 square feet of ground-floor retail space.

Shahin Yazdi of George Smith Partners secured the financing for the borrowers.

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