Daniel Zand And Kai Ostergard Of Shawbrook Capital Secures $2.2M Refinance For Student Housing In Los Angeles
FINANCED
$2,200,000
California
See Similar DealsStudent Housing6,305 SF
Financed 11/10/2025
FINANCED
Daniel Zand And Kai Ostergard Of Shawbrook Capital Secures $2.2M Refinance For Student Housing In Los Angeles
Student Housing6,305 SF
Financed 11/10/2025
Summary
CALIFORNIA
Asset Type:Student Housing
Price Per Square Foot:$348
Total Square Footage:6,305 SF
Transaction Type:Loan
The asset involved in this transaction is a student housing property located in Los Angeles, consisting of 2 units with a total square footage of 6,305. The loan amount secured for this asset is $2,200,000, specifically a refinance loan. The property has a debt service coverage ratio of student housing and an LTV of 70%.
Summary of transaction details:
- Property Type: Student Housing
- Transaction Amount: $2,200,000
- Units: 2
- Square Footage: 6,305
- Market: Los Angeles
- Loan Type: Refinance
- Broker Representatives: Daniel Zand & Kai Ostergard - Shawbrook Capital
- Note: Student Housing DSCR | 70% LTV
Key individuals in this transaction include brokers Daniel Zand and Kai Ostergard, representing Shawbrook Capital. They played a significant role in facilitating the refinancing of the student housing asset and ensured the transaction adhered to the specified loan requirements.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,200,000.00
Monthly NOI$14,666.67
Monthly Debt Service$13,905.50
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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