Anita Paryani-Rice Refinances Multifamily Property In North Hollywood With $10.35M Loan - Marcus & Millichap

Anita Paryani-Rice from Institutional Property Advisors, a division of Marcus & Millichap, represented the parties involved in a recent closed transaction in North Hollywood. The property involved in this transaction is a multifamily asset located at 5555 Bonner Ave.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $10,350,000
• Loan Type: Refinance
• Loan Terms: 10-year, 65% LTV & interest rate of 3.25%
• Address: 5555 Bonner Ave.
• Market: North Hollywood

Anita Paryani-Rice, representing Institutional Property Advisors, successfully helped facilitate the $10,350,000 refinancing deal for the multifamily asset located at 5555 Bonner Ave in North Hollywood. The loan terms included a 10-year duration, 65% loan-to-value (LTV) ratio, and an interest rate of 3.25%.