Multifamily - Debt

NorthMarq secures $7.115 million refinance of multifamily portfolio located throughout Los Angeles

LOS ANGELES, CALIFORNIA (March 27, 2020) – Zalmi Klyne, vice president of NorthMarq’s Los Angeles office negotiated the $7,115,000 refinance of a three-property multifamily portfolio in Los Angeles that covers 41 units. The loan was a 3-year hybrid ARM with the first three years fixed rate interest only with the remainder of the seven years floating. NorthMarq arranged financing for the borrower through its relationship with a regional bank. 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.