Tauro Capital Advisors Refinances Multifamily Property In Los Angeles For $2.6M

The multifamily property located at 629 South Burlington Avenue in Los Angeles spans 30,000 square feet. The loan amount for this property was $2,600,000, secured through a refinance deal. The lender, Tauro Capital Advisors, facilitated this transaction for the landlord, Zivka Kosaski. The lender's representatives, Matthew Bucaro & Garryn Laws from Tauro Capital Advisors, successfully closed the deal at 5.85%, despite the lender's initial terms being at 6.50%.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,600,000
• Address: 629 South Burlington Avenue
• Market: Los Angeles
• Asset Type: Multifamily ~ SF: 30,000
• Lender: Tauro Capital Advisors
• Landlord: Zivka Kosaski
• Lender's Rep: Matthew Bucaro & Garryn Laws - Tauro Capital Advisors
• Loan Type: Refinance

The successful closing of the refinance deal at a favorable rate of 5.85% was a notable achievement attributed to the efforts of the lender's representatives, Matthew Bucaro & Garryn Laws. This outcome showcases their expertise in negotiating and finalizing deals that benefit their clients. Their ability to secure a lower rate than the lender's initial terms highlights their dedication to providing optimal financing solutions for property transactions.