Northmarq Arranges $25M Refinance For Calabasas Village Mobile Estates

The Calabasas Village Mobile Estates, a 210-unit manufactured housing community located at 23777 Mulholland Highway in Calabasas, has secured a $25 million refinance. The deal, arranged by Alex Kane and Matt Radichof of Northmarq, offers competitive terms through a life insurance company relationship for this rare trophy asset in today's market.

Summary of transaction details

• Property Type: Mobile Home
• Transaction Amount: $25,000,000
• Address: 23777 Mulholland Highway
• Market: Calabasas
• Units: 210

Alex Kane and Matt Radichof from Northmarq played a pivotal role in securing this $25 million refinance for Calabasas Village Mobile Estates. The 10-year term with full-term interest-only offered competitive terms for this highly sought-after asset in the market.