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**Colliers Arranges $128M Financing for South Bay LA Multifamily Portfolio**
Colliers Mortgage has successfully arranged seven Fannie Mae permanent loans totaling $128.4 million to refinance a 625-unit multifamily portfolio located in the South Bay area of Los Angeles. The properties, owned by The Ginsburg Group, consist of seven stabilized apartment communities across Hermosa Beach, Redondo Beach, Torrance, and Lomita.
The financing package includes five-year terms with full-term interest-only payments. Additionally, the deal incorporates strategically executed rate buydowns to enhance loan proceeds and reduce borrowing costs. This structure allowed the borrower to maximize cash-out proceeds, address upcoming debt maturities, and secure favorable agency terms amid changing capital market conditions.
Despite a volatile interest rate environment—with fluctuations of approximately 40 basis points in U.S. Treasuries and investor spreads—the Colliers team managed to close all seven loans within just 36 calendar days from receiving signed applications.
“We’re honored to have been entrusted with this time-sensitive refinance and to showcase our platform’s ability to execute swiftly and strategically under market pressure,” said Izzat Ansari, Head of Agency Screening at Colliers.
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