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629 South Burlington Avenue
FINANCED

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

629 South Burlington Avenue

MultiFamily
30,000 SF
clock iconFinanced 101 days ago
Garryn Laws
Matthew "Matt" Bucaro
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Summary

Loan
CALIFORNIA
MultiFamily
30,000 sqft

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.

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Garryn Laws's profile picture
Garryn Laws
Tauro Capital Advisors-image
Associate Director

Details

Deal Summary
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FINANCED
IMAGE: Matthew Bucaro & Garryn Laws DATE: 04/03/2024 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 (@GLaws88) - Tauro Capital Advisors LOAN AMOUNT: $2,600,000 LOAN TYPE: Refinance NOTE FROM LENDER'S REP: We were able to lock the rate and close at 5.85% even though the lenders current terms at closing were 6.50%.

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Address629 South Burlington Avenue

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