Emmett Ochs Receives $8 Million Loan For Multifamily Refinance In Los Angeles
FINANCED
$8,000,000
California
See Similar DealsMultiFamily
Financed
FINANCED
Emmett Ochs Receives $8 Million Loan For Multifamily Refinance In Los Angeles
2647 South Barrington Avenue & 3353 Shelby Drive
See Similar DealsMultiFamily
Financed
Summary
CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Loan
The property involved in this transaction is a multifamily asset located at 2647 South Barrington Avenue & 3353 Shelby Drive in the Los Angeles market. The transaction was executed with a loan amount of $8,000,000 for refinancing purposes.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,000,000
- Landlord: Emmett Ochs
- Lender's Representative: Marc Schillinger, Keaton Yellin & Thomas Gonzalez - JLL
- Loan Type: Refinance
- Transaction Date: 02/27/2026
The deal featured Emmett Ochs as the landlord, with financing handled by Marc Schillinger, Keaton Yellin, and Thomas Gonzalez, all representing JLL as the lender's representatives, facilitating the refinancing process for the property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$8,000,000.00
Monthly NOI$53,333.33
Monthly Debt Service$50,565.44
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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