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Shaun Ashkenazy Of Onyx Funding Secures $3.15M Refinance Loan For Los Angeles Multifamily
FINANCED

Shaun Ashkenazy Of Onyx Funding Secures $3.15M Refinance Loan For Los Angeles Multifamily

Shaun Ashkenazy Of Onyx Funding Secures $3.15M Refinance Loan For Los Angeles Multifamily

MultiFamily
9,515 SF
clock iconFinanced 41 days ago
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Summary

Loan
CALIFORNIA
MultiFamily
9,515 sqft

The multifamily property in Los Angeles encompasses 4 units within 9,515 square feet. The recent transaction involved a refinance loan amounting to $3,150,000, with a 75% LTV at a 7.45% interest rate. The loan terms include a 10-year interest-only period and a 30-year term.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,150,000
  • Units: 4
  • Total Square Footage: 9,515
  • Market: Los Angeles
  • Loan Type: Refinance
  • Loan Terms: 75% LTV @ 7.45% rate, 10-years IO, 30 year term
  • Broker: Shaun Ashkenazy - Onyx Funding

The broker involved in facilitating the loan was Shaun Ashkenazy from Onyx Funding. The property, having 4 units and spanning 9,515 square feet, was successfully refinanced at the specified terms in the Los Angeles market.

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Shaun Ashkenazy's profile picture
Shaun Ashkenazy
Onyx Funding-image
Managing Director

Details

Deal Summary
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FINANCED
IMAGE: Shaun Ashkenazy DATE: 05/31/2024 MARKET: Los Angeles ASSET TYPE: Multifamily ~ UNITS: 4 ~ SF: 9,515 BROKER: Shaun Ashkenazy (@ShaunAsh) - Onyx Funding (@OnyxFunding) LOAN AMOUNT: $3,150,000 LOAN TYPE: Refinance LOAN TERMS: 75% LTV @ 7.45% rate, 10-years IO, 30 year term

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