Convoy Capital Secures $44.6M Loan For Multifamily Portfolio In West Hollywood & Sherman Oaks

A multifamily property in West Hollywood and Sherman Oaks has recently undergone a loan transaction. The loan was facilitated by Tyler Bradford from Convoy Capital.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $44,610,000
• Loan Terms: 5 building refinance portfolio, 5-year fixed at 3.25%, 3-2-1% prepayment penalty, max cash-out, 157 total units
• Units: 157

Tyler Bradford from Convoy Capital successfully negotiated the loan for the multifamily property, managing to secure a waiver for the 1% prepayment penalty. For further inquiries, Tyler can be contacted at [email protected].