3-Property Multifamily Portfolio Refinance

Capital Partners arranged one coordinated bank refinance for 3 multifamily assets in Redondo Beach and Torrance, California. The transaction closed at $7.32M with pricing of Treasury + 175 basis points, 24 months of interest-only payments, and a 1.15x portfolio-average debt coverage ratio on an interest-only basis.

From acquisition through refinance

Capital Partners originally arranged the acquisition and value-add financing for the portfolio. After the client completed the property improvements, the firm returned to the capital markets and placed the assets with a bank for long-term, fixed-rate financing with minimal operating covenants.

The bank execution gave the client one portfolio-level solution despite limited operating seasoning after the improvements. The refinancing completed the next stage of a strategy Capital Partners had financed from the original acquisition.

Portfolio collateral

What the execution demonstrates

This closing reflects the value of continuity across a business plan. Capital Partners already understood the original basis, the improvement program, and the refinance objective before the completed assets returned to market. The portfolio-level presentation connected those facts across all 3 properties in one request.

Terms shown reflect this specific closed transaction. They are not a current market quote or a promise of financing for another property.