Daniel Zand And Kai Ostergard Of Shawbrook Capital Secures $2.2M Refinance For Student Housing In Los Angeles
$2,200,000
$348/SF
Building Size
6,305 SF
Asset Type
Student Housing
Closing
Nov 10, 2025
AI
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
Los Angeles Student Housing Market Snapshot
Boundary boundary · Student Housing · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93