Bradley Buzil Of Marcus & Millichap Arranges $8.2M Refinancing Loan For Los Angeles Multifamily Property | 1500 West 8th Street | Bradley Buzil | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

21,258 sqft

The property involved in this closed transaction is a multifamily asset located at 1500 W 8th Street in Los Angeles, CA. The property consists of 68 units and spans approximately 21,258 square feet. The transaction took place on 10/18/2022.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $8,200,000
Loan Type: Refinancing Loan
Loan Terms: 2-year, 5.5% interest fixed loan
Loan Amount: $8,200,000
Loan Features: 75% LTV

The broker involved in this transaction is Bradley Buzil from Marcus & Millichap. He represented the parties in the deal.

Players

All
2

Agents
1
Agencies
1

Bradley Buzil

First Vice President Capital Markets

Marcus & Millichap

Details

Deal Summary

FINANCED

IMAGE: Bradley Buzil DATE: 10/18/2022 ADDRESS: 1500 W 8th Street MARKET: Los Angeles, CA ASSET TYPE: Multifamily ~ UNITS: 68 ~ SF: 21,258 BROKER: Bradley Buzil (@BBuzil) - Marcus & Millichap (@MarcusMillichapLosAngeles) LOAN AMOUNT: $8,200,000 LOAN TYPE: Refinancing Loan LOAN TERMS: 2-year, 5.5% interest fixed loan features a 75% LTV

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Address1500 West 8th Street

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