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104-18 42nd Avenue

Arion Fund Provides $4,500,000 Bridge Loan To The Ham Family For Mixed-use Property In Corona
FINANCEDMixed-use

Arion Fund Provides $4,500,000 Bridge Loan To The Ham Family For Mixed-use Property In Corona

104-18 42nd Avenue

$4,500,000

$126/SF

Building Size

35,480 SF

Asset Type

Mixed-use

Closing

Jun 10, 2026

AI

The property involved in this transaction is a mixed-use asset located at 104-18 42nd Avenue in Corona, with a total square footage of 35,480 and comprising 39 units.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,500,000
  • Lender: Arion Fund
  • Lender Representative: Eli Ben-Meir
  • Landlord: The Ham Family
  • Loan Type: Bridge
  • Date of Transaction: 6/11/2026

This transaction was orchestrated by Eli Ben-Meir representing Arion Fund, who emphasized their commitment to providing tailored financing solutions within the multifamily sector. The loan was a time-sensitive refinance that was executed swiftly, closing in just 15 days from the term sheet to funding.

Players

Arion Fund
Arion FundLender

Eli Ben-Meir

Arion Fund

Originator

$80.3M

vol

13 deals

Originator

Corona Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93