Access to Life Companies, Banks, Credit Unions, Agencies, Debt Funds, CMBS
PSRS Production
Recent Transactions
$8,000,000 Refinance of a 204-Key Boutique Luxury Hotel in Los Angeles, California.
FINANCED Los Angeles Luxury Hotel
Lender:Life Insurance Company City:Los Angeles, CA Size:204 Keys Term:Three-year, interest-only term
Jonny Soleimani and George Gianoukakis of PSRS arranged the $8 million refinance of a 204-key boutique luxury hotel. Located near the beach, the 17-story property spans approximately 123,808 square feet on 0.34 acres and was originally built in 1965, with significant upgrades completed over the years. The hotel features 138 parking spaces and a signature rooftop restaurant offering panoramic city views. Additional amenities include a bar, event and meeting space, business center, fitness center, and on-site retail.
Financed through one of PSRS’s correspondent life insurance company lenders, the ~7% LTV, non-recourse loan was structured with a three-year, interest-only term that included a unique and creative structure. The floating-rate note has a borrower-option to fix at any time for a .25 bps fee over an index and spread that is currently ~0.40% bps lower than the current floating rate. This can be done any time during the three-year term, resulting in a fresh three- or five-year term. Additionally, there is only one year of Yield Maintenance on the original three-year term.
$5,200,000 Refinance of a Mixed-Use Property in Pasadena, California.
FINANCED Old Town Pasadena Mixed-Use
Lender:Bank City:Pasadena, California Size:17,195 SF Term:Five-year, interest-only term
Michael S. Tanner and David Sarnoff of PSRS arranged the $5.2 million refinance of a mixed-use property located in the heart of Old Town Pasadena, California. Surrounded by distinctive shopping, diverse dining, and ample parking, the property totals 17,195 rentable square feet across retail and office uses. Originally built in 1920 and renovated in 1990, the building benefits from a high-traffic location with strong vehicular and pedestrian exposure, and proximity to several public parking structures. Financed through bank execution, PSRS secured a non-recourse loan with a five-year, interest-only term for the borrower.
$8,400,000 Refinance of a Three-Property Multifamily Portfolio in Ridgewood and The Bronx, New York.
FINANCED NYC Portfolio
Lender:Life Insurance Company City:Ridgewood, NY + The Bronx, NY Size:Three Properties, 26 Units Term:Five-year, 30-year amortization
Matthew Farzinpour of PSRS arranged the $8.4 million refinance of a three-property multifamily portfolio located in Ridgewood and The Bronx, New York. The portfolio comprises a total of 26 residential units, all of which were gut-renovated in 2025. Financed through one of PSRS’s correspondent life insurance company lenders, the loan was structured with a five-year term and 30-year amortization.
Exciting opportunities are open across our offices in Los Angeles, Newport Beach, and San Diego:
Commercial Real Estate Analyst – Los Angeles (2 openings): Support producers with underwriting, marketing, and closing while gaining hands-on experience in structuring real estate debt and equity investments.
Commercial Real Estate Analyst / Loan Producer – San Diego: Begin as an analyst supporting top producers with underwriting and deal execution, with a clear path to transition into a producing role.
About PSRS Founded in 1972, PSRS is a commercial mortgage banking firm that helps real estate investors of all sizes structure and secure financing solutions that align with their investment goals.
