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FINANCED

Mechanics Bank Refinances Multifamily Property In Covina For $20M

18537 east arrow highway

MultiFamily
134,550 SF
Todd Sherman
Carter Gill
the dealplayerscompscontact

Summary

Loan
CALIFORNIA
MultiFamily
134,550 sqft

The property involved in this transaction is a multifamily asset located at 18537 East Arrow Highway in Covina. The property spans approximately 134,550 square feet.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $20,000,000
  • Address: 18537 East Arrow Highway, Covina
  • Market: Covina

The lender for this transaction is Mechanics Bank, and the landlord is Bob Tamkin.

The brokers involved in this deal are Carter Gill from First Pacific Financial (https://www.linkedin.com/in/carter-gill-b1b5b21a1/) and Todd Sherman, also from First Pacific Financial (https://www.linkedin.com/in/todd-sherman-2554a82b/).

The loan amount for this transaction is $20,000,000, and it is a refinance loan.

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Players

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  • Lenders

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Todd Sherman
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Principal

Details

Deal Summary
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FINANCED
IMAGE: Todd Sherman & Carter Gill DATE: 01/26/2023 ADDRESS: 18537 East Arrow Highway MARKET: Covina ASSET TYPE: Multifamily ~ SF: 134,550 LENDER: Mechanics Bank LANDLORD: Bob Tamkin BROKERS: Carter Gill (https://www.linkedin.com/in/carter-gill-b1b5b21a1/) & Todd Sherman ((https://www.linkedin.com/in/todd-sherman-2554a82b/) - First Pacific Financial LOAN AMOUNT: $20,000,000 LOAN TYPE: Refinance

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Address18537 east arrow highway

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