Continental Partners Arranges $1.78M Loan For Multifamily Property In Pico-Robertson

The property asset involved in the transaction is a multifamily unit located at 1546 S Bedford St in the Pico - Robertson market. The loan amount secured for this asset is $1,781,500, with a fixed term of 5 years and a total term of 30 years. The loan features a75% loan-to-value ratio, an interest rate of 4.45%, and is non-recourse. The building encompasses a total square footage of 6,920.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,781,500
• Lender: Continental Partners
• Loan Terms: 5 Year Fixed, 30 Year Term, 75% LTV, 4.45%, Non-Recourse
• Square Footage: 6,920
• Address: 1546 S Bedford St
• Market: Pico - Robertson
• Brokers: Brian Asheghian, Zalmi Klyne

The key individuals involved in this transaction include Brian Asheghian and Zalmi Klyne, who acted as brokers for the deal. Their respective roles were integral in facilitating the loan arrangement provided by Continental Partners, ensuring a smooth transaction process for the multifamily property.