Gantry Arranges $35.5 Million Refinance Loan For CLG's Multifamily Property In Los Angeles

The HW by CLG is a 79-unit Class A multifamily property located at 7928 Hollywood Boulevard in Los Angeles. A loan of $35,500,000 was arranged for refinancing this asset, using a three-year fixed-rate non-recourse structure.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $35,500,000
• Loan Type: Refinance
• Loan Terms: Three-year, fixed-rate, non-recourse
• Address: 7928 Hollywood Boulevard
• Market: Los Angeles
• Units: 79
• Landlord: CLG
• Broker: Andy Bratt & Sean Kuang - Gantry

Gantry facilitated the refinancing, offering a non-recourse, interest-only loan that includes prepayment flexibility and a one-year extension option. The loan is serviced for its duration by Gantry, representing the borrower CLG in this transaction.