Oversized ED-1 Viable Opportunity Zone Parcel

Challenge:  Substandard liens.  In Foreclosure.  Recorded Lis Pendens

Value Add:  Evanisko processed LAHD RUD, Demo Permits, Termination of old LID covenants, and facilitated payoff negotiations between first TD holder and Selling Stakeholders.

Evanisko Represented: Seller and Buyer

$1,875,000

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16,316 SF
IN NORTH HOLLYWOOD

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PRODUCT: 
PRIVATELY FINANCED AFFORDABLE HOUSING

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“Challenges unique to the development site transaction are more readily recognizable and circumventable to those who deal with them constantly.”

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