PROJECT INFO

Bank acquisition loan of medical office building in Reseda, CA

Finance Amount: $8,350,000

DESCRIPTION

70% of stabilized LTV for 40% vacant building; $1M held back for TI/LC/CapX. 7yr Swap+230bps. 65% fee
Location: Reseda, CA
Deal Type: Permanant Financing
Property Type: Office
Year: Aug' 2019