facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Loan

/

520 North Central Avenue

Brandon Baksh And Talisse Thompson Of Dwight Capital Provide $52 Million Refinance Loan For Octane Realty In Glendale
FINANCEDMultiFamily

Brandon Baksh And Talisse Thompson Of Dwight Capital Provide $52 Million Refinance Loan For Octane Realty In Glendale

520 North Central Avenue

$52,000,000

Building Size

Asset Type

MultiFamily

Closing

Jan 15, 2026

AI

The asset involved in this transaction is a multifamily property located at 520 North Central Avenue in Glendale. The transaction was executed with a loan amount of $52,000,000, categorized as a refinance.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $52,000,000
  • Lender: Brandon Baksh & Talisse Thompson - Dwight Capital
  • Landlord: Octane Realty & Development
  • Broker: Stefen Chraghchian - Marcus & Millichap
  • Loan Type: Refinance
  • Date of Transaction: 01/16/2026

Brandon Baksh and Talisse Thompson represented the lending side, while Stefen Chraghchian acted on behalf of the brokerage, facilitating the transaction between the involved parties. Octane Realty & Development was the landlord associated with this deal, focusing on the refinancing process for the multifamily asset.

Players

Stefen Chraghchian

Marcus & Millichap

Broker

$617.2M

vol

15 deals

Broker
Dwight Capital
Dwight CapitalLender

Glendale 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

0.31%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93