Marcus & Millichap Arranges $28.5M Refinance Loan For North Hollywood Multifamily Property | 7401 Lankershim Boulevard | Juda Penini | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

95,122 sqft

Located at 7401 Lankershim Blvd. in North Hollywood, this multifamily property is a significant transaction in the real estate market. With a total size of approximately 95,122 square feet, the property consists of 108 units.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $28,455,000
Loan Type: Refinance
Loan Terms: 3.09% fixed for 10 years with 2 years interest only payments, 65% LTV

Juda Penini of Marcus & Millichap served as the broker in this deal. Representing the involved parties, Penini successfully facilitated the transaction.

Players

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2

Agents
1
Agencies
1

Juda Penini

Construction & Development Financing Advisor

Marcus & Millichap

Details

Deal Summary

FINANCED

IMAGE: Juda Penini DATE: 11/10/2021 ADDRESS: 7401 Lankershim Blvd. MARKET: North Hollywood ASSET TYPE: Multifamily ~ SF: 95,122 ~ UNITS: 108 BROKER: Juda Penini (@ItsFettuccinepenini) - Marcus & Millichap LOAN AMOUNT: $28,455,000 LOAN TYPE: Refinance LOAN TERMS: 3.09% fixed for 10 years with 2 years interest only payments, 65% LTv

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Address7401 Lankershim Boulevard

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