Stefen Chraghchian Of Institutional Property Advisors Secures $76 Million Loan For Multifamily Development In Monrovia
FINANCED
$76,000,000
California
See Similar DealsMultiFamily263,600 SF
Financed 07/30/2025
FINANCED
Stefen Chraghchian Of Institutional Property Advisors Secures $76 Million Loan For Multifamily Development In Monrovia
127 West Pomona Avenue
See Similar DealsMultiFamily263,600 SF
Financed 07/30/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$288
Total Square Footage:263,600 SF
Transaction Type:Loan
The asset involved is a multifamily development located at 127 West Pomona Avenue in Monrovia, California. This property comprises 232 units and offers a total square footage of 263,600. The transaction pertains to a bridge loan that was assessed at $76,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $76,000,000
- Loan Type: Bridge
- Loan Terms: 24 Months
- Lender: Affinius Capital
Stefen Chraghchian of Institutional Property Advisors arranged the financing for this construction completion to bridge loan transaction, highlighting his role in facilitating the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$76,000,000.00
Monthly NOI$506,666.67
Monthly Debt Service$480,371.70
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions
