Continental Partners Provides $5.8M Refinance Loan For Multifamily Property On Federal Avenue, Los Angeles | 1433 Federal Avenue & 1544 Granville Avenue | Brian Asheghian | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

25,654 sqft

The property involved in this transaction is a multifamily asset located at 1433 Federal Avenue and 1544 Granville Ave in Los Angeles. The property consists of 16 units and spans a total square footage of 25,654.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $5,800,000
Date: 05/24/2023
Lender: Continental Partners Inc.
Landlord: Manijeh Kamdar
Broker: Brian Asheghian - Continental Partners
Loan Type: Refinance
Loan Terms: 5 Year Fixed at 5.30% with 2 Years of IO and Stepdown Prepay of 3, 2, 1% with Non-Recourse

The lender in this transaction is Continental Partners Inc., while the landlord is Manijeh Kamdar. The broker representing the deal is Brian Asheghian from Continental Partners.

Players

All
2

Agents
1
Agencies
1

Brian Asheghian

Director

Details

Deal Summary

FINANCED

IMAGE: Brian Asheghian DATE: 05/24/2023 ADDRESS: 1433 Federal Avenue & 1544 Granville Ave MARKET: Los Angeles ASSET TYPE: Multifamily ~ UNITS: 16 ~ SF: 25,654 LENDER: Continental Partners Inc. LANDLORD: Manijeh Kamdar BROKER: Brian Asheghian (@BAsheghian) - Continental Partners (@ContiPartners) LOAN AMOUNT: $5,800,000 LOAN TYPE: Refinance LOAN TERMS: 5 Year Fixed at 5.30% with 2 Years of IO and Stepdown Prepay of 3,2,1% with Non-Recourse

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Address1433 Federal Avenue & 1544 Granville Avenue

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