Paul Schon Of Schon Development Group Secures $14.7 Million Refinance Loan In Los Angeles
FINANCED
$14,700,000
California
See Similar DealsMultiFamily
Financed 09/19/2025
FINANCED
Paul Schon Of Schon Development Group Secures $14.7 Million Refinance Loan In Los Angeles
3617 Venice Boulevard & 641 North Hobart Boulevard
See Similar DealsMultiFamily
Financed 09/19/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Loan
The property is a multifamily asset located at 3617 Venice Boulevard and 641 North Hobart Boulevard in the Los Angeles market. The loan amount for the refinance is $14,700,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $14,700,000
- Landlord: Paul Schon - Schon Development Group
- Broker: Vin Basa - Berkadia
- Loan Type: Refinance
- Date of Transaction: 09/19/2025
Paul Schon represents Schon Development Group in this transaction, while Vin Basa from Berkadia acts as the broker facilitating the refinance loan agreement.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$14,700,000.00
Monthly NOI$98,000.00
Monthly Debt Service$92,914.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions