Emmett Ochs Secures $9M Refinance Loan For Multifamily Property At 1140 Venice Boulevard
1140 Venice Boulevard
$9,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 27, 2026
AI
The asset involved in this transaction is a multifamily property located at 1140 Venice Boulevard in the Venice market. The loan amount for this refinance transaction is $9,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,000,000
- Landlord: Emmett Ochs
- Landlord's Representative: Marc Schillinger, Keaton Yellin & Thomas Gonzalez - JLL
- Loan Type: Refinance
- Date: 02/27/2026
The transaction features the involvement of Marc Schillinger, Keaton Yellin, and Thomas Gonzalez representing the landlord in the deal, highlighting the expertise brought to this refinance process by JLL's team.
Players
Venice MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93