facebook
Traded Co logo
Submit

Grandbridge Real Estate Capital Provides $30.4M Refinance Loan For Multifamily Property In Los Angeles

Property Image
FINANCED
$30,400,000

California

See Similar Deals
MultiFamily8,136 SF
Financed 02/14/2022
the dealplayerscompscontact
Property Image
FINANCED

Grandbridge Real Estate Capital Provides $30.4M Refinance Loan For Multifamily Property In Los Angeles

7219 Hampton Avenue, West Hollywood, California 90046, United States

See Similar Deals
MultiFamily8,136 SF
Financed 02/14/2022
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$3,736
Total Square Footage:8,136 SF
Transaction Type:Loan

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

BROKERAGE


Details

FINANCED
IMAGE: Artin Anvar DATE: 02/14/2022 ADDRESS: 7219 Hampton Ave. MARKET: Los Angeles ASSET TYPE: Multifamily LENDER: Grandbridge Real Estate Capital - Artin Anvar LOAN AMOUNT: $30,400,000 UNITS: 148 LOAN TYPE: Refinance Loan LOAN TERMS: 35-years

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$30,400,000.00

Monthly NOI$202,666.67
Monthly Debt Service$192,148.68
Change in Cash Flow$0.00
Refinance Proceeds$0.00