Ryan Wilkinson Provides $22.77M Acquisition Loan For Multifamily Property In Riverside And San Bernardino
1100 Orange Street & 345 West 41st Street
$22,769,000
$123/SF
Building Size
117,840 SF
Asset Type
MultiFamily
Closing
Oct 16, 2025
AI
The property asset involved in this transaction includes two locations situated at 1100 Orange Street and 345 West 41st Street. It is categorized as multifamily with a total of 120 units and spans 117,840 square feet in the Riverside and San Bernardino market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $22,769,000
- Loan Type: Acquisition
- Lender: Ryan Wilkinson
- Broker Representatives: Eric Chen & Ryan Wilkinson - CBRE
This deal showcases the involvement of key individuals, including lender Ryan Wilkinson, who facilitated the loan, and broker representatives Eric Chen and Ryan Wilkinson from CBRE, who played a significant role in the transaction process.
Players
Riverside 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
0.70%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93