The transaction involves a multifamily property located in the Los Angeles market, encompassing 110,000 square feet. The loan amount secured for this asset is $11,250,000, utilized for refinancing purposes with a loan term of 5 years, structured as full-term interest only.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $11,250,000
• Lender: Ameritas
• Loan Type: Refinance
• Loan Term: 5-Years; Full-Term Interest Only
• Spread: 130 bps
• Rate: 5.60%
• Non-Recourse: Yes
• Brokers: Alex Mermelstein & David Travis - Marblestone Capital Group

This financing showcases the capabilities of Marblestone Capital Group in facilitating Life Co executions. The rate was locked at application, which benefited from a timely dip in treasuries observed in early February, further emphasizing the firm's deep relationships and market acumen.