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

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FINANCED
$27,250,000
Shannon Yarborough

California

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FINANCED

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

Office
Financed
Shannon Yarborough
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Summary

Asset Type:Office
Transaction Type:Loan

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.

Players

TP
1 deal$27.3M volume(949) 244-5199
BROKER


Shannon Yarborough
Slatt Capital
1 deal$27.3M volume(949) 291-7321
BROKER

Details

FINANCED
IMAGE: Thomas Preston, Rhett Streelman & Shannon Yarborough DATE: 03/10/2026 ADDRESS: Portfolio MARKET: San Gabriel & Laguna Beach ASSET TYPE: Multifamily & Office BROKERS: Thomas Preston, Rhett Streelman & Shannon Yarborough - Slatt Capital (@Slatt_Capital) LOAN AMOUNT: $27,250,000 NOTE: Slatt Capital arranged $27.25 million in total financing across two Southern California deals, including a $23 million refinance for a multifamily property in San Gabriel Valley on behalf of Landmark Properties. The firm also secured a $4.275 million acquisition bridge loan for a 4,500-square-foot office building at 345-349 3rd St. in Laguna Beach, with brokers Thomas Preston, Rhett Streelman and Shannon Yarborough arranging the financings.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$27,250,000.00

Monthly NOI$181,666.67
Monthly Debt Service$172,238.54
Change in Cash Flow$0.00
Refinance Proceeds$0.00