PROJECT INFO
Refinance of unanchored, ocean-front retail in Los Angeles, CA
FINANCE AMOUNT
$20,000,000
DESCRIPTION
10 year term, 2 year Interest Only; Full-recourse; 65% stabilized LTV, Swap+158bps; initial $16.8M based on 1.20:1 DCR on actual rate and stress 30yr amort.
Los Angeles, CA
Permanant Financing
Retail
Dec' 2019
