MF1 Capital Provides $37.7M Bridge Loan For Multifamily Property In Los Angeles
FINANCED
$37,716,000
California
See Similar DealsMultiFamily66,500 SF
Financed 03/02/2023
FINANCED
MF1 Capital Provides $37.7M Bridge Loan For Multifamily Property In Los Angeles
410 North Rossmore Avenue
See Similar DealsMultiFamily66,500 SF
Financed 03/02/2023
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$567
Total Square Footage:66,500 SF
Transaction Type:Loan
The property involved in this closed transaction is a multifamily asset located at 410 North Rossmore Avenue in Los Angeles. It consists of 78 units with a total square footage of 66,500. The property was acquired by ESI Ventures.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $37,716,000
- Market: Los Angeles
- Units: 78
- Square Footage: 66,500
The lender for this transaction was MF1 Capital, providing a bridge loan of $37,716,000. The broker representing ESI Ventures in this deal was Brandon Asherian from George Smith Partners.
Players
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
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
$37,716,000.00
Monthly NOI$251,440.00
Monthly Debt Service$238,390.78
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions
