Arbor Realty Trust Provides $8.9M Refinance Loan For Multifamily Properties In Los Angeles

A multifamily property located at 1946 W. Florence Ave., 4309 S. Main St., 4106-4114 Palmwood Dr., and 406-408 S. Grevillea Ave. in Los Angeles has recently undergone a refinancing loan transaction. The loan, amounting to $8,988,000, was provided by Arbor Realty Trust, with Geoffrey Platt serving as the representative. The property, owned by TDI Properties, consists of 59 units and is classified as a multifamily asset.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,988,000
• Lender: Arbor Realty Trust - Geoffrey Platt
• Landlord: TDI Properties
• Units: 59
• Loan Type: Refinance

Geoffrey Platt, representing Arbor Realty Trust, played a pivotal role in facilitating this loan transaction. The refinancing allows TDI Properties to optimize their multifamily asset, enabling them to continue providing quality housing to residents in the Los Angeles market.