Jonny Soleimani Of PSRS Secures $10.05M Refinance Loan For 33-Unit Multifamily In Los Angeles
$10,050,000
Building Size
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Asset Type
MultiFamily
Closing
Jun 4, 2025
AI
The transaction involves a multifamily asset located in Los Angeles, comprising 33 units and built in 2023. The refinance loan amount is $10,050,000 with a loan type providing a full-term interest-only payment at sub-6%. About 20% of the income for this property is derived from non-traditional sources.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,050,000
- Loan Type: Refinance
- Loan Terms: 5+5
- BROKER: Jonny Soleimani - PSRS (Pacific Southwest Realty Services)
- Broker's Contact: ๐ 310-471-1998, ๐ง [email protected]
The broker representing this transaction is Jonny Soleimani of Pacific Southwest Realty Services, who facilitated the loan process for the 33-unit multifamily property. The refinancing highlights an innovative financial structure tailored to the unique income profile of the asset.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary ยท MultiFamily ยท Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.58%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93