Butler Apartments
$4,293,000 Multifamily Loan from Bank
City: Los Angeles, CA
Loan amount: $4,293,000
Lender type: Bank
Property type: Multifamily
Size: 17 Units
Transaction description
Michael Tanner and Tony Messiah of PSRS arranged the $4,293,000 refinance of a multifamily property in Los Angeles, California. The subject property was built in 1997 and is a 17-unit, three-story, apartment complex with a gross building area of 18,484 SF and 31 parking spaces. Financed with bank execution, PSRS provided its borrower a seven-year term with a 30-year amortization.
TRANSACTION ADVISORS
Mike Tanner
President
Principal
Tony Messiah
Vice President
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