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10700 Tabor Street

Simon Lazar & Sam Mostadim Of Helio Group Secure $58M Refinance Loan For Multifamily Property In Los Angeles
FINANCEDMultiFamily

Simon Lazar & Sam Mostadim Of Helio Group Secure $58M Refinance Loan For Multifamily Property In Los Angeles

10700 Tabor Street

$58,000,000

Building Size

Asset Type

MultiFamily

Closing

Aug 21, 2025

AI

The property asset involved in this transaction is a multifamily unit comprising 119 units, situated at 10700 Tabor Street in the Los Angeles market. A total loan amount of $58,000,000 was secured for the refinance of this asset.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $58,000,000
  • Address: 10700 Tabor Street
  • Market: Los Angeles
  • Lender: Canyon Partners Real Estate
  • Landlord: Simon Lazar & Sam Mostadim - Helio Group
  • Landlord's Representative: Jeff Sause & Chad Morgan - JLL
  • Loan Type: Refinance
  • Units: 119

The transaction involved key individuals and companies, notably Simon Lazar and Sam Mostadim, who represent the Helio Group as the landlords. The lending process was managed by Canyon Partners Real Estate, with Jeff Sause and Chad Morgan from JLL acting as representatives for the landlords during this refinance process.

Players

Jeff Sause

JLL

Broker

$1.6B

vol

33 deals

Broker
JLL
JLLBrokerage

Los Angeles 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

0.27%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93