Malin Asset Management Secures $10.7 Million Refinance Loan For 75-Unit Multifamily Asset

The asset involved in this transaction is a multifamily property located at 3636 West Imperial Highway in Inglewood. The property consists of 75 units and offers a total square footage of 68,879. The loan amount secured for this property is $10,700,000 as part of a refinance transaction.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,700,000
• Address: 3636 West Imperial Highway
• Market: Inglewood
• Asset Units: 75
• Asset Square Footage: 68,879
• Loan Type: Refinance
• Loan Terms: Cash-Out / 30-Year Term / Non-Recourse
• Landlord: Malin Asset Management
• Brokers: Marc Schillinger, Max Mraz & Keaton Yellin - JLL

The key individuals involved in the transaction include Marc Schillinger, Max Mraz, and Keaton Yellin, who represent the brokerage firm JLL in this deal. Malin Asset Management is the entity that owns the property.