Updated Aug 3, 2026
FINANCEDSingle Family Residence
Avi Kohen Of Kohen Financial Group Provides $28 Million Refinance Loan For Manhattan Beach Development
2020 The Strand & 2016 Ocean Drive
$28,000,000
Building Size
—
Asset Type
Single Family Residence
Closing
Mar 31, 2026
About this deal
AI
The asset involved in the transaction is a single-family property located at 2020 The Strand, 2016 The Strand, and 2016 Ocean Drive in the Manhattan Beach market. The loan amount for this refinance transaction is $28,000,000.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $28,000,000
- Lender: Avi Kohen - Kohen Financial Group
- Loan Type: Refinance
- Note: Foreign National clients needed fast and creative financing to secure a new construction development — we delivered.
The key individual in this transaction is Avi Kohen, representing Kohen Financial Group as the lender. They offer financing options including no appraisal, no income verification, and no minimum FICO with a promising response time featuring 24-hour documentation and a 3-day closing period.
Players
Kohen Financial Group Lender
Manhattan Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
Loading comparables…
Deal FAQ
Browse Manhattan Beach single family residence loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93