Davana Fryzer Of Seaview Capital Secures $8.84M Refinance Loan For Multifamily Portfolio In Sherman Oaks

The asset involved in this transaction is a multifamily property portfolio consisting of two locations: 14955 Dickens Street and 4632 Natick Avenue in Sherman Oaks. The total number of units in this portfolio is 18, with a combined square footage of 20,000. The loan amount for this refinance transaction is $8,840,000, with a loan type labeled as full-term interest only at a rate of 5.60%. The financing is non-recourse.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,840,000
• Loan Type: Refinance
• Loan Terms: 5.60% Rate / Full Term Interest Only / Non-Recourse
• Units: 18
• Square Footage: 20,000
• Addresses: 14955 Dickens Street & 4632 Natick Avenue
• Market: Sherman Oaks
• Landlord: Davana Fryzer - Seaview Capital
• Brokers: Marc Schillinger, Keaton Yellin & Thomas Gonzalez - JLL

JLL arranged cash-out financing on this two property portfolio, partnering with a lender that provided competitive terms including full-term interest-only and non-recourse financing. The team from JLL, comprising Marc Schillinger, Keaton Yellin, and Thomas Gonzalez, was instrumental in securing this financing arrangement.