Pacific Southwest Realty Services Arranges $3M Refinance Loan For Summerdale Apartments | 1230 South Dale Avenue | Grady Seldin, Thomas Rudinsky | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

The Summerdale Apartments in Anaheim, a 34-unit multifamily property located at 1230 South Dale Avenue, received $3 million in financing. The loan was a non-recourse loan with a seven-year, interest-only term arranged by Grady Seldin and Thomas Rudinsky from Pacific Southwest Realty Services (PSRS).

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $3,000,000
Address: 1230 South Dale Avenue
Market: Anaheim
Loan Type: Refinance
Loan Terms: Seven-year, interest-only term

PSRS, represented by Grady Seldin & Thomas Rudinsky, secured the financing for the Summerdale Apartments through a correspondent life insurance company for an undisclosed borrower. The property boasts amenities like a pool and on-site laundry facilities.

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3

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Agencies
1

PSRS- Pacific Southwest Realty Services

Details

Deal Summary

FINANCED

IMAGE: Grady Seldin & Thomas Rudinsky DATE: 03/13/2024 ADDRESS: 1230 South Dale Avenue MARKET: Anaheim ASSET TYPE: Multifamily BROKERS: Grady Seldin (@GradysLife) & Thomas Rudinsky (@Rudyswrld) - Pacific Southwest Realty Services (PSRS) (@PSRSLA) LOAN AMOUNT: $3,000,000 LOAN TYPE: Refinance LOAN TERMS: non-recourse loan, with a seven-year, interest-only term NOTE: PSRS secured $3 million in financing for Anaheim's Summerdale Apartments, a 34-unit property with amenities like a pool and on-site laundry. The non-recourse loan, arranged by Grady Seldin and Thomas Rudinsky, features a seven-year, interest-only term through a correspondent life insurance company for an undisclosed borrower.

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Address1230 South Dale Avenue

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