Updated Mar 11, 2025
Grandbridge Real Estate Capital Provides $30.4M Refinance Loan For Multifamily Property In Los Angeles
7219 Hampton Avenue, West Hollywood, California 90046, United States
$30,400,000
$3,736/SF
Building Size
8,136 SF
Asset Type
MultiFamily
Closing
Feb 13, 2022
About this deal
AI
7219 Hampton Ave, a multifamily property located in Los Angeles, was recently involved in a loan transaction. The loan, provided by Grandbridge Real Estate Capital and represented by Artin Anvar, was a refinance loan with a term of 35 years. The loan amount for this transaction was $30,400,000. The property consists of 148 units, making it a significant multifamily asset in the market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $30,400,000
- Address: 7219 Hampton Ave.
- Market: Los Angeles
- Lender: Grandbridge Real Estate Capital - Artin Anvar
- Loan Type: Refinance Loan
- Loan Terms: 35 years
- Units: 148
This loan transaction was facilitated by Artin Anvar of Grandbridge Real Estate Capital, representing the lender in the deal. The involvement of an experienced lender like Grandbridge Real Estate Capital showcases the confidence placed in the property's value and potential. With a term of 35 years, the refinancing of $30,400,000 further solidifies the financial stability and long-term prospects of 7219 Hampton Ave.
Players
West Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93