Mechanics Bank Refinances Multifamily Property In Covina For $20M | 18537 east arrow highway | Mechanics Bank | Todd Sherman, Carter Gill | MultiFamily | Loan

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.

Players

All
3

Agents
2
Lenders
1

Todd Sherman

Principal

Carter Gill

Commercial Mortgage Broker

Mechanics Bank

Details

Deal Summary

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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