Integrated Global Real Estate Platform
Case Studies: Largest Three Multifamily Loans
Investment
Loan Type
Investment Date
Collateral
Location
Committed Amount
Current Principal Amount
Basis
Coupon (1)
LTV(2)
Max Remaining Term (Yrs.)
Asset Photos
Arlington Multifamily
Floating-Rate Senior Loan
Los Angeles Multifamily
Floating-Rate Senior Loan
Sunbelt Multifamily Portfolio
Floating-Rate Senior Loan
September 2021
912-unit Class-B+ and 198-unit
Class-A Multifamily
Arlington, VA
$381 million
February 2021
536-unit
Class-A Multifamily
Los Angeles, CA
$260 million
May 2019
3-Property, 1,070-unit
Class-A Multifamily
Various
$207 million
$368 million
$250 million
$207 million
$331k/unit
+ 3.3%
69%
$466k/unit
$193k/unit
+ 3.7%
+ 4.0%
68%
74%
3.3
2.7
1.9
CINSTAL TOWERS
(1)
(2)
Coupon expressed as spread over Term SOFR
LTV based on initial loan amount divided by the as-is appraised value as of the date the loan was originated
KREF
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