FINANCED
Greystone Provides $43M Loan For Multifamily Property In Los Angeles
$43,000,000
Building Size
—
Asset Type
—
Closing
Sep 29, 2020
AI
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
Market CRE Market Snapshot
Boundary boundary · CRE · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93