Updated Oct 15, 2026
KBJ Investments Secures $16 Million Loan For 48-Unit Multifamily Property In Inglewood
875 Glenway Drive
$16,000,000
$320/SF
Building Size
50,000 SF
Asset Type
MultiFamily
Closing
Jul 20, 2026
About this deal
AI
The property involved in this transaction is located at 875 Glenway Drive in the Inglewood market. It is a multifamily asset comprising 48 units and has a total square footage of 50,000. The loan amount secured for this property is $16,000,000, aimed at repositioning the asset with a term of 24 months.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $16,000,000
- Borrower: KBJ Investments
- Lender's Representative: Shahin Adeli - CBRE
- Loan Type: Repositioning
- Loan Terms: 24 months
Shahin Adeli from CBRE is representing the lender in this transaction, facilitating the loan process for KBJ Investments. This partnership aims to enhance the property's value through strategic repositioning.
On the Map
$16,000,000
$320/SF
MultiFamily
View full map
Players
Inglewood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Shahin Adeli to view all their deals.
Browse Inglewood multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93