Slatt Capital Secures $27.25 Million Financing For Multifamily And Office Properties In Southern California

The transaction involved a multifamily property located in the San Gabriel Valley and an office building situated at 345-349 3rd St. in Laguna Beach. The asset types include both multifamily and office spaces, with a total financing amount of $27,250,000 allocated across the two properties.

Summary of transaction details:

• Property Type: Multifamily & Office
• Transaction Amount: $27,250,000
• Loan Amount for Multifamily Property: $23,000,000
• Loan Amount for Office Building: $4,275,000
• Office Building Square Footage: 4,500 square feet
• Market: San Gabriel & Laguna Beach
• Brokers: Thomas Preston, Rhett Streelman & Shannon Yarborough - Slatt Capital

Slatt Capital played a pivotal role in arranging the financing for the transactions. Brokers Thomas Preston, Rhett Streelman, and Shannon Yarborough were involved in facilitating the refinance for the multifamily property and securing the acquisition bridge loan for the office building.