Los Angeles developer Eli Sasson pulled his Beverly Hills spec mansion from the auction block just in the nick of time thanks to a short-term cash injection from Alex Guralnik and Nick Blatin’s Private Money Solutions, The Real Deal has learned. The hard money lender provided a 12-month $33.4 million loan to refinance $28.6 million in debt tied to Sasson’s 620 Arkell Drive, Blatin told TRD. The vacant Beverly Hills home was set to be sold at auction Aug. 5 after Sasson’s previous lender, Axos Bank, sold the debt to Dalan Real Estate, which promptly initiated a foreclosure, as TRD […]
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