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540 North Orlando Avenue

David Oheb & Max Jacobson Arrange $3.15M Refinance Loan For Multifamily Property In West Hollywood
FINANCEDMultiFamily

David Oheb & Max Jacobson Arrange $3.15M Refinance Loan For Multifamily Property In West Hollywood

540 North Orlando Avenue

$3,150,000

$201/SF

Building Size

15,600 SF

Asset Type

MultiFamily

Closing

Jul 29, 2025

AI

The property involved in this transaction is located at 540 North Orlando Avenue in West Hollywood, featuring 17 multifamily units across 15,600 square feet. The refinancing for this asset amounted to $3,150,000, with a loan type of fixed at 5.95% for a duration of 5 years.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,150,000
  • Loan Type: Refinance
  • Loan Terms: 5.95% Fixed for 5 Years
  • Address: 540 North Orlando Avenue
  • Market: West Hollywood
  • Units: 17
  • Square Footage: 15,600

The transaction was represented by brokers David Oheb and Max Jacobson from Meridian Capital Group. Meridian is focused on arranging financing for various project types including multifamily and mixed-use properties, along with retail and industrial projects, throughout California, New York, and other regions in the country.

Players

David Oheb
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David Oheb

Meridian Capital Group

Broker

$821.5M

vol

77 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

West Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.04%

Cash-on-Cash

-1.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93