$4,500,000 Refinance of a Multifamily Property in La Puente, California.
FINANCED Casa Moreno
Property Type: Multifamily
Lender: Life Insurance Company City: La Puente, California Size: 104 Units Term: 10-year loan
Kostas Kavayiotidis and Matthew Farzinpour of PSRS arranged the $4.5 million refinance of a multifamily property in La Puente, California. The subject property is a 104-unit gated multifamily complex built in 1975 and continually updated over the years. Amenities at this complex include a courtyard, laundry facilities, grills, a pool, etc. Financed with one of our correspondent life insurance companies, PSRS provided its borrower with a 10-year loan term.
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.