November 6, 2025
Multifamily
Downtown Los Angeles, CA
$37,988,000
George Smith Partners successfully arranged $37,988,000 of permanent financing for the refinance of The Orsini, a 210-unit multifamily property located in Downtown Los Angeles, CA. Through GSP’s correspondent relationship, favorable terms were secured for the Sponsor. The financing featured a 7-year fixed-rate term with 4 years of interest-only payments.
Loan Term: 7-Year Fixed Rate with 4 Years Interest Only
Index: 10-Year Treasury
Spread: 0.69%
Rate Buy Down: 3.0%
All-In Rate: 4.63%
LTV: 55%
DSCR: 1.25x
Financing Team
Gary M. Tenzer
Senior Managing Director & Principal / GSP Co-Founder
Jordan Lipton
Senior Vice President
