Northmarq arranges refinancing of multifamily property in Los Angeles, California
1139 East 69th Street
LOS ANGELES, CALIFORNIA (August 1, 2022) – Zalmi Klyne, senior vice president /managing director of Northmarq’s Los Angeles debt/equity team negotiated the refinancing for 1139 East 69th Street. The 10-unit apartment building (built in 1923) is located at 1139 East 69th Street, Los Angeles, California. The permanent-fixed loan was structured on a 30-year fully amortizing term. Northmarq arranged financing for the borrower through its relationship with a regional bank.
1139 East 69th Street is one story, 3,744 sq. ft., and contains 10 beds and 10 baths. The property includes paved parking for tenants and is located in a highly walkable neighborhood.
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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
