Continental Partners Provides $3.3M Loan For Multifamily Property In Inglewood

A multifamily property located at 9910 S Village Dr in Inglewood has been involved in a recent loan transaction. The loan amount for this property was $3,300,000 with a fixed term of 7 years, 5 years of interest-only payments, and a 3.95% interest rate. The loan is non-recourse, providing the borrower with added security. The property spans across 7,264 square feet.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,300,000
• Address: 9910 S Village Dr, Inglewood
• Market: Inglewood

The lender for this loan transaction was Continental Partners. The landlord of the property is 9910 Village Drive LLC. The brokers involved in this deal were Brian Asheghian from Basheghian and JM Grimaldi from Watchtog. They represented their respective parties throughout the transaction, ensuring a smooth process for all involved.