Edward & Yuseth Jakubowicz Secures $9 Million Refinance Loan For Multifamily Asset In Hollywood

The property asset involved in this transaction is located at 1850 Monroe Street in Hollywood. It consists of a multifamily development with a total of 40 units. The asset caters to contemporary living with unit sizes that range from 829 to 1,362 square feet, offering one- to three-bedroom layouts along with modern finishes and amenities such as private balconies, a rooftop deck, and a fitness center.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,000,000
• Loan Type: Refinance
• Lender: Pacific National Bank
• Landlord: Edward & Yuseth Jakubowicz
• Landlord's Representative: Jose Degwitz - Ordeg Capital
• Broker: Emile Schachter - WD Capital Group
• Date: 6/18/2025

WD Capital Group played a crucial role in this transaction by arranging and structuring the $9 million refinance loan for Monroe Residences. The company is currently focusing on structuring equity and credit facilities in the Florida Tri-County region. For more bespoke structured finance transactions, they can be contacted at [email protected].