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 one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
