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| Zalmi Klyne |
LOS ANGELES, CA – Continental Partners,
a commercial real estate investment banking firm, recently secured a total of
$15.8 million in financing across two transactions regarding three multifamily
properties in South Los Angeles, California and one industrial property in
Moorpark, California.
The financing was
arranged by Zalmi Klyne, Executive Vice President at Continental
Partners.
The deals involved properties for which Continental Partners
previously arranged acquisition bridge loans on behalf of the same two
borrowers, both private investors, notes Klyne.
“Commercial real estate transaction activity has remained
healthy in Q1 and many investors are seeking to both lock-in permanent
financing with still-historically-low interest rates, as well as take out cash
to put towards other opportunities to invest in the bull market, particularly
in the industrial and multifamily sectors,” explains Klyne.
“That said, investors and lenders alike are keenly aware
that a slight downturn is likely on the horizon, so it is becoming increasingly
critical that borrower business plans are effectively communicated in order to
secure competitive financing.”
CONTACTS:
Micaela Fehrenbach / Elisabeth Manville
(949) 438-6262
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