La Habra Apartments

Transaction description

Kostas Kavayiotidis and George Gianoukakis of PSRS arranged the $5 million refinance of a multifamily property in La Habra, California. The subject property is a 42-unit gated apartment complex with community amenities including a pool, courtyard, and laundry facilities. PSRS financed the property through one of its correspondent life insurance companies, providing its borrower with a seven-year loan term and a 30-year amortization.