Jonny Soleimani Of PSRS Secures $10.05M Refinance Loan For 33-Unit Multifamily In Los Angeles
$10,050,000
Building Size
—
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: 📞 310-471-1998, 📧 [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 · MultiFamily · 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