Vista Investment Group Secures $21.3 Million Refinance Loan For Los Angeles Multifamily Properties

The transaction involves a refinance loan for three mid-rise multifamily properties located across the Los Angeles metropolitan statistical area, encompassing a total of 207 units. The loan amount for this financing is $21,300,000, with fixed-rate terms structured at 65% loan-to-value (LTV), an interest rate of 5.75%, a 10-year term, and partial interest-only payments along with flexible prepayment options.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $21,300,000
• Landlord: Vista Investment Group
• Loan Type: Refinance
• Loan Terms: 65% LTV | 5.75% Fixed | 10-Year Term | Partial I/O | Flexible Prepayment
• Brokers: Marc Schillinger, Keaton Yellin, Brooke Hinkel - JLL

Marc Schillinger, Keaton Yellin, and Brooke Hinkel represented the landlord, Vista Investment Group, in this transaction. The loans arranged for this deal are uncrossed with a local regional bank, ensuring separate financing for each of the three properties involved.