PROJECT INFO
Private Client permanent bank loan for 77k SF MOB, 77% occupancy
FINANCE AMOUNT
$25,000,000
DESCRIPTION
Full recourse; 65% As-Is LTV, initial disbursement with two subsequent disbursements, allowed over 18 months, 1.30x DCR at 77% occupancy; 10yr term full-term IO, SOFR+195 bps;
Sherman Oaks, CA
Permanant Financing
Medical
2022
