Updated Dec 4, 2024
Convoy Home Loans Secures $10.97 Million Refinance Loan For Beverly Hills Single Family Property
9705 Oak Pass Road
$10,974,000
$1,242/SF
Building Size
8,829 SF
Asset Type
Single Family
Closing
Jul 18, 2024
About this deal
AI
The asset involved in this transaction is a single-family home located at 9705 Oak Pass Road in Beverly Hills. The property encompasses a total square footage of 8,829 and has been financed through a refinancing arrangement.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,974,000
- Loan Type: Refinance
- Lender: Convoy Home Loans
- Lender's Representatives: Dustin Rosenberg & Jonathan Yoo - Convoy Home Loans
The refinancing was facilitated by Convoy Home Loans, represented by Dustin Rosenberg and Jonathan Yoo, who emphasize creative luxury financing in their approach. They can be contacted for further information regarding private client services.
Players
Beverly Hills Single Family Market Snapshot
Boundary boundary · Single Family · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.45%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93