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.   

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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit

NM Web Icon News Black

Stay on top of industry research