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4425 West Olive Avenue
FINANCED

CommLoan Refinances Office Building At 4425 W. Olive Ave. In Phoenix For $17.5M

4425 West Olive Avenue

Office
clock iconFinanced 1 year ago
Eric Little
David Luke
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Summary

Loan
ARIZONA
Office

The office property located at 4425 W. Olive Ave. in Phoenix, Arizona has recently undergone a refinancing transaction. The loan was provided by commloan'>CommLoan in the amount of $17,500,000. The loan terms include a 70% loan-to-value ratio (LTV), a 5-year fixed term, and a 4.4% interest rate. There is no prepayment penalty associated with this loan.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $17,500,000
  • Lender: CommLoan
  • Landlord: Brookwood Commerce Centre
  • Brokers: Eric Little - Agency (LinkedIn Profile: Eric Little)
  • David Luke - Agency (LinkedIn Profile: David Luke)

Eric Little and David Luke played crucial roles as brokers in this refinancing deal. They represented the parties involved in the transaction, facilitating the loan between CommLoan and Brookwood Commerce Centre for the office property at 4425 W. Olive Ave. in Phoenix, Arizona.

Players

  • All

    4

  • Agents

    2

  • Agencies

    1

  • Lenders

    1

Eric Little's profile picture
Eric Little
CommLoan-image
Senior Vice President

Details

Deal Summary
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FINANCED
IMAGE: David Luke & Eric Little DATE: 07/13/2022 ADDRESS: 4425 W. Olive Ave. MARKET: Phoenix, Arizona ASSET TYPE: Office LENDER: CommLoan LANDLORD: Brookwood Commerce Centre BROKERS: Eric Little (https://www.linkedin.com/in/eric-little-9012568/) & David Luke (https://www.linkedin.com/in/davidnluke/) LOAN AMOUNT: $17,500,000 LOAN TYPE: Refinance LOAN TERMS: 70% LTV, 5 Year Fixed, 4.4%, No Prepay

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Address4425 West Olive Avenue

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