Harrison Fahemi Secures $1.5 Million Refinance Loan From Ridge Capital Group For Los Angeles Home

The property asset involved in this transaction is a single-family home located at 2716 Casiano Road in the Los Angeles market. This residence boasts a square footage of 5,800 and has a loan amount of $1,500,000 associated with it.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $1,500,000
• Address: 2716 Casiano Road
• Market: Los Angeles
• Asset Size: 5,800 SF
• Lender: Ridge Capital Group
• Landlord: Harrison Fahemi
• Loan Type: Refinance
• Loan Terms: HELOC

The key individuals involved in the deal include Ethan Moradifar, Rodd Rahnama, and Daniel Emein, who represent Ridge Capital Group. This firm successfully assisted their client in obtaining a line of credit on their home without requiring income documentation, qualifying the client based solely on 12 months of reserves.