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3939 North Pershing Avenue

Sash Sepehran & Tim Moaeed Of Shawbrook Provide $8M Refinance For 102-Unit Multifamily In Stockton
FINANCEDMultiFamily

Sash Sepehran & Tim Moaeed Of Shawbrook Provide $8M Refinance For 102-Unit Multifamily In Stockton

$8,000,000

$151/SF

Building Size

52,700 SF

Asset Type

MultiFamily

Closing

Sep 17, 2025

AI

The asset involved is a 102-unit multifamily property located in Stockton, CA, with a total square footage of 52,700. This property has undergone a refinancing process with a loan amount of $8,000,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $8,000,000
  • Loan Type: Refinance
  • Loan Terms: 12 months
  • Lender: Sash Sepehran & Tim Moaeed - Shawbrook
  • Structure: $7M mezzanine debt + $1M 2nd private placement
  • Execution: 3-week close
  • Use of Proceeds: Retired existing debt and bridged to permanent financing

The deal was facilitated by Sash Sepehran and Tim Moaeed, who represented Shawbrook as the lending institution in this transaction, showcasing their role in providing the refinancing for the multifamily asset.

Players

Sash Sepehran

Shawbrook Capital

Lender

$30.3M

vol

7 deals

Lender
Shawbrook Capital
Shawbrook CapitalLender

Stockton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93