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

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FINANCED
$58,000,000

California

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MultiFamily
Financed 08/21/2025
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FINANCED

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

10700 Tabor Street

See Similar Deals
MultiFamily
Financed 08/21/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Loan

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
33 deals$1.6B volume
BROKER

Chad Morgan
JLL
13 deals$542.4M volume(949) 274-0018
BROKER

JLL
BROKERAGE

Details

FINANCED
IMAGE: Jeff Sause, Chad Morgan, Simon Lazar & Sam Mostadim DATE: 08/20/2025 ADDRESS: 10700 Tabor Street MARKET: Los Angeles ASSET TYPE: Multifamily ~ UNITS: 119 LENDER: Canyon Partners Real Estate LANDLORD: Simon Lazar & Sam Mostadim - Helio Group (@LiveHelio) LANDLORD'S REP: Jeff Sause & Chad Morgan - JLL (@JLL) LOAN AMOUNT: $58,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$58,000,000.00

Monthly NOI$386,666.67
Monthly Debt Service$366,599.45
Change in Cash Flow$0.00
Refinance Proceeds$0.00