Commerce Office

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PROJECT INFO

Life Company refinance of 55,500 SF Class B office building in Commerce, CA

FINANCE AMOUNT

$4,300,000

DESCRIPTION

50% Yr 1 rollover exposure from 16 tenants; 50% LTV, 10 Yr +175 with 4.75% floor. 30 yr term (10+10+10), 35% recourse. par loan
Commerce, CA
Permanant Financing
Office
Jan' 2019