Updated Nov 9, 2026
The Rockpoint Group Secures $32.5 Million Refinance Loan From BrightSpire Capital For 93-unit Multifamily Asset
4150 Marathon Street
$32,500,000
$395/SF
Building Size
82,134 SF
Asset Type
MultiFamily
Closing
Sep 9, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 4150 Marathon Street in Los Angeles. The asset comprises 93 units and a total square footage of 82,134. The total loan amount secured for this property is $32,500,000, categorized under refinance loans.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $32,500,000
- Lender: BrightSpire Capital
- Borrower: The Rockpoint Group
- Brokers: Mark Fluent, David Milestone & Bill Moyer - CBRE
The key individuals involved in this deal include Mark Fluent, David Milestone, and Bill Moyer from CBRE, who served as brokers for The Rockpoint Group in this refinancing transaction. The lenders at BrightSpire Capital facilitated the financing arrangement for the multifamily property.
On the Map
$32,500,000
$395/SF
MultiFamily
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.49%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93