Casa Moreno

$4,500,000 Multifamily Loan from Life Insurance Company

City: La Puente, CA
Loan amount: $4,500,000
Lender type: Life Insurance Company
Property type: Multifamily
Size: 104 Units

Transaction description

Kostas Kavayiotidis and Matthew Farzinpour of PSRS arranged the $4.5 million refinance of a multifamily property in La Puente, California. The subject property is a 104-unit gated multifamily complex built in 1975 and continually updated over the years. Amenities at this complex include a courtyard, laundry facilities, grills, a pool, etc. Financed with one of our correspondent life insurance companies, PSRS provided its borrower with a 10-year loan term.

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