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12121 Wilshire Boulevard

Jonny Soleimani Of PSRS Secures $10.05M Refinance Loan For 33-Unit Multifamily In Los Angeles
FINANCEDMultiFamily

Jonny Soleimani Of PSRS Secures $10.05M Refinance Loan For 33-Unit Multifamily In Los Angeles

$10,050,000

Building Size

โ€”

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: ๐Ÿ“ž 310-471-1998, ๐Ÿ“ง [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

Jonny Soleimani

PSRS- Pacific Southwest Realty Services

Broker

$199.8M

vol

16 deals

Broker
PSRS- Pacific Southwest Realty Services
PSRS- Pacific Southwest Realty ServicesBrokerage

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