Pacific Western Bank Provides $64.4M Construction Loan For Monrovia Multifamily Property | 127 West Pomona Avenue | Pacific Western Bank | Stefen Chraghchian, Sharone Sabar | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

252,100 sqft

A construction loan has been secured for a multifamily property located at 127 W. Pomona Ave. in Monrovia. The property spans over 252,100 square feet and contains 220 units.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $64,390,000
Address: 127 W. Pomona Ave.
Market: Monrovia
Square Footage: 252,100
Units: 220

The construction loan, amounting to $64,390,000, has been provided by Pacific Western Bank. The transaction was facilitated by brokers Stefen Chraghchian and Sharone Sabar from Marcus & Millichap Capital Corporation.

Players

All
4

Agents
2
Agencies
1
Lenders
1

Stefen Chraghchian

Senior Director

Sharone Sabar

Senior Managing Director

Details

Deal Summary

FINANCED

IMAGE: Stefen Chraghchian & Sharone Sabar DATE: 04/05/2022 ADDRESS: 127 W. Pomona Ave. MARKET: Monrovia ASSET TYPE: Multifamily ~ SF: 252,100 ~ UNITS: 220 LENDER: Pacific Western Bank BROKERS: Stefen Chraghchian (@Stefen_Chra) & Sharone Sabar - Marcus & Millichap Capital Corporation LOAN AMOUNT: $64,390,000 LOAN TYPE: Construction

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Address127 West Pomona Avenue

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