First Mortgage Financing

in

Los Angeles, CA

$86,000,000
Permanent loan in Los Angeles, CA
January 6, 2021
Overview

The $86 million CMBS debt was used to refinance a 109,000 SF asset that includes 96 rental units and best-in-class common spaces.

The transaction allowed the borrower to implement an ambitious and remarkable value-creation strategy for a stabilized Class A asset. The loan simultaneously allowed the sponsor to lock in long-term fixed rate securitized debt at a very attractive interest rate.

Execution Team
Aaron Prager
Director - Capital Markets
Direct.
Mobile.
Mobile.
Email.
(443) 207-2454
ap@levcapital.com
Setup a Call
Avi Zukerman
Director - Capital Markets
Direct.
Mobile.
Mobile.
Email.
(646) 552-7701
az@levcapital.com
Setup a Call
Justin Piasecki
Managing Partner
Direct.
Mobile.
Mobile.
Email.
(856) 325-9330
jp@levcapital.com
Setup a Call

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