CBK Investments Secures $6.75M Loan For Multifamily Property In Gardena | 1030 Magnolia Avenue | Peter Stobierski, Cooper Ramsey | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

20,667 sqft

The property involved in this closed transaction is a multifamily asset located at 1030 Magnolia Ave in Gardena. The property spans approximately 20,667 square feet and consists of 26 units. The transaction took place on November 5, 2021.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $6,750,000
Market: Gardena

The loan for this transaction was provided by Emerald Creek. CBK Investments served as the landlord in this recapitalization deal. Cooper Ramsey and Peter Stobierski from Truerate Services acted as the brokers representing the parties involved.

The loan has a term of 12 months and serves the purpose of recapitalizing the property.

Players

All
2

Agents
2

Peter Stobierski

Vice President-Underwriting & Placement

Cooper Ramsey

Vice President

Details

Deal Summary

FINANCED

IMAGE: Peter Stobierski & Cooper Ramsey DATE: 11/05/2021 ADDRESS: 1030 Magnolia Ave. MARKET: Gardena ASSET TYPE: Multifamily ~ SF: 20,667 LENDER: Emerald Creek LANDLORD: CBK Investments BROKERS: Cooper Ramsey (@CooperRamsey) & Peter Stobierski (@PStobierski) - Truerate Services (@TruerateServices) LOAN AMOUNT: $6,750,000 UNITS: 26 LOAN TYPE: Recapitilization LOAN TERMS: 12 Months

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Address1030 Magnolia Avenue

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