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12690 Danielson Court, Powa...

Shlomi Ronen Represents 5-Ronin In $8M Poway Land Acquisition Loan
FINANCED

Shlomi Ronen Represents 5-Ronin In $8M Poway Land Acquisition Loan

12690 Danielson Court, Poway, California 92064, United States

$8,000,000

Building Size

Asset Type

Closing

Apr 1, 2023

AI

Located at 12690 Danielson Court in Poway, CA, this land asset spans approximately 2.8 acres. The property was recently involved in a closed transaction, with the details as follows:

Summary of transaction details:

  • Property Type: Land
  • Date: 01/04/2023
  • Market: Poway, CA
  • Landlord: 5-Ronin
  • Broker: Shlomi Ronen - Dekel Capital
  • Loan Amount: $8,000,000
  • Loan Type: Acquisition Loan

The acquisition loan for this property amounted to $8,000,000. Shlomi Ronen from Dekel Capital served as the broker representing the parties involved in the transaction.

Players

Shlomi Ronen

Broker

$247M

vol

4 deals

Broker

Poway CRE Market Snapshot

Boundary boundary · CRE · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93