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
