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Greystone Provides $43M Loan For Multifamily Property In Los Angeles

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FINANCED
$43,000,000

National

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Financed 09/30/2020
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Property Image
FINANCED

Greystone Provides $43M Loan For Multifamily Property In Los Angeles

Financed 09/30/2020
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Summary

Transaction Type:Loan

A $43,000,000 loan has been secured for a multifamily property in Los Angeles. The loan terms include a 10-year term with full term interest-only.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $43,000,000

The loan has been provided by greystone''>Greystone. The brokers involved in this deal are Jonathan Aghravi and Charles Han from JBA Equities.

Players

Charles Han
14 deals$399.9M volume
BROKER

Jonathan Aghravi
JBA Equities
48 deals$1.6B volume(212) 366-0364
BROKER

Greystone
LENDER

Details

FINANCED
IMAGE: Jonathan Aghravi (@JonnyAghravi) & Charles Han (@CeeHan1021) DATE: 09/30/2020 MARKET: Los Angeles ASSET TYPE: Multifamily LOAN AMOUNT: $43,000,000 LENDER: Greystone LOAN TERMS: 10 year term, full term interest-only BROKER: Jonathan Aghravi & Charles Han – JBA Equities

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$43,000,000.00

Monthly NOI$286,666.67
Monthly Debt Service$271,789.25
Change in Cash Flow$0.00
Refinance Proceeds$0.00