Updated Sep 16, 2026
Bill Wei Of GR Properties USA Inc. Secures $62 Million Refinance Loan For Multifamily Asset In Culver City
10375 Washington Boulevard
$62,000,000
Units
139
Asset Type
MultiFamily
Closing
Aug 17, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily unit complex located at 10375 Washington Boulevard in Culver City, featuring a total of 139 units. This transaction is characterized by a loan amount of $62,000,000, classified as a refinance.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $62,000,000
- Address: 10375 Washington Boulevard
- Market: Culver City
- Lender: Katie Goldenberg & Zane Feldman-Isaksen - Dwight Investment Management
- Borrower: Bill Wei - GR Properties USA Inc.
- Brokers: Antonio Hachem & Kyle Redmond - First Draw Capital
- Units: 139
Key individuals in this transaction include Katie Goldenberg and Zane Feldman-Isaksen, who represent the lender, and Bill Wei, who is the borrower. The transaction is brokered by Antonio Hachem and Kyle Redmond, who are representatives of First Draw Capital.
On the Map
$62,000,000
MultiFamily
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Players
Culver City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93