Continental Partners Arranges $1.78M Loan For Multifamily Property In Pico-Robertson | 1546 South Bedford Street | Zalmi Klyne, Brian Asheghian | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

6,920 sqft

A multifamily property located at 1546 S Bedford St in the Pico-Robertson market has closed on a loan. The loan amount for this transaction was $1,781,500, with a 5-year fixed term and a 30-year term. The loan-to-value ratio was 75% and the interest rate was 4.45%. The loan is non-recourse, which means that the lender does not have the right to seek recovery from the borrower's personal assets in the case of default. The property has a total area of 6,920 square feet.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $1,781,500
Address: 1546 S Bedford St
Market: Pico-Robertson

The loan for this property was facilitated by Continental Partners. The brokers involved in this transaction were Brian Asheghian and Zalmi Klyne from Continental Partners.

Players

All
4

Agents
2
Agencies
2

Zalmi Klyne

Senior Vice President Debt/Equity

Details

Deal Summary

FINANCED

IMAGE: Brian Asheghian @basheghian and Zalmi Klyne @contipartners DATE: 05/08/2019 ADDRESS: 1546 S Bedford St MARKET: Pico - Robertson ASSET TYPE: Multifamily LENDER: Continental Partners BROKERS: Brian Asheghian, Zalmi Klyne LOAN AMOUNT: $1,781,500 LOAN TERMS: 5 Year Fixed, 30 Year Term, 75% LTV, 4.45%, Non-Recourse SF: 6,920

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Address1546 South Bedford Street

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