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Pejman PJ Gabayan Of Hypotec, Inc. Provides $1M Acquisition Loan In Glendale

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FINANCED
$1,000,000

California

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Single Family1,201 SF
Financed 06/10/2024
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FINANCED

Pejman PJ Gabayan Of Hypotec, Inc. Provides $1M Acquisition Loan In Glendale

Single Family1,201 SF
Financed 06/10/2024
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Summary

Asset Type:Single Family
Price Per Square Foot:$832
Total Square Footage:1,201 SF
Transaction Type:Loan

The single-family property in Glendale spans 1,201 square feet and was involved in an acquisition loan transaction. Hypotec, Inc. provided a $1,000,000 loan to the Navasartian Family Trust. The property was facilitated by brokers Silvia Hairapetian and Martin Navasartian from JohnHart Real Estate. Pejman PJ Gabayan served as the loan officer for this 30-year fixed acquisition loan.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,000,000
  • Market: Glendale
  • Landlord: Navasartian Family Trust
  • Broker: Silvia Hairapetian & Martin Navasartian - JohnHart Real Estate

The Navasartian Family Trust, as the landlord, secured the acquisition loan through Hypotec, Inc. with the assistance of brokers Silvia Hairapetian and Martin Navasartian from JohnHart Real Estate. Pejman PJ Gabayan played a key role in facilitating the loan transaction. This collaboration of individuals and companies underscores the significance of the deal in Glendale's real estate market.

Players

Silvia Hairapetian
1 deal$1M volume(818) 625-2423
BROKER

Martin Navasartian
JohnHart Real Estate
1 deal$1M volume(818) 720-0007
BROKER

Hypotec
LENDER

Details

FINANCED
IMAGE: Pejman PJ Gabayan DATE: 06/10/2024 MARKET: Glendale ASSET TYPE: Single Family~ SF: 1,201 LENDER: Hypotec, Inc. (@Hypotec_Inc) LANDLORD: Navasartian Family Trust BROKER: Silvia Hairapetian (@Silvia_Hairapetian) & Martin Navasartian (@MartinNavasart) - JohnHart Real Estate (@JohnHartre) LOAN OFFICER: Pejman PJ Gabayan (@Mortgageloans.PJ) LOAN AMOUNT: $1,000,000 LOAN TYPE: Acquisition Loan LOAN TERMS: 30-Year Fixed

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$1,000,000.00

Monthly NOI$6,666.67
Monthly Debt Service$6,320.68
Change in Cash Flow$0.00
Refinance Proceeds$0.00