The property asset involved in this transaction is The Roya, a 157-unit mixed-use complex located at 760 South Serrano Avenue in Los Angeles. This six-story multifamily building includes 10,000 square feet of retail space and features amenities such as a pool deck, coworking spaces, and a rooftop lounge. The asset is situated in the Koreatown market and was completed in 2023.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $50,000,000
• Lender: Tom Burns - Affinius Capital
• Landlord: Jaime Lee - Jamison Services
• Loan Type: Refinance

This transaction highlights the involvement of Tom Burns representing Affinius Capital, and Jaime Lee representing Jamison Services. The refinancing arrangement enables Jamison Services to consolidate financing on The Roya, a key property in their portfolio located in a strategic urban area.