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
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