Balbec Capital LP Provides $46,250,000 Refinance For 106-Unit Multifamily At 200 West Ocean Boulevard

The property asset involved in this transaction is a multifamily unit located at 200 West Ocean Boulevard in Long Beach, featuring a total of 106 units. The transaction was financed through a refinance loan amounting to $46,250,000 provided by Balbec Capital LP.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $46,250,000
• Lender: Balbec Capital LP
• Landlord's Representative: Jeff Sause, Jacob Michael & Thomas Gonzalez - JLL
• Transaction Date: 04/15/2026

This transaction was facilitated by Jeff Sause, Jacob Michael, and Thomas Gonzalez, who represented the landlord through JLL. Their expertise contributed to the successful financing of the property in the Long Beach market.