Northmarq completes $8,627,500 refinance of multifamily property is Van Nuys, California
Multifamily Property
LOS ANGELES, CALIFORNIA (January 28, 2022) – Zalmi Klyne, senior vice president/senior director of Northmarq’s Los Angeles-based regional office, arranged the $8,627,500 cash-out refinance of 6640 Woodley Avenue. The 34-unit multifamily property, originally built in 1978, is located in Van Nuys, California. Northmarq negotiated the permanent-fixed loan for the borrower through its relationship with a commercial bank.
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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.
