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HAB Bank Provides $2.96M Refinance Loan For Lewis Lofts In Camarillio. Meridian Capital Group Brokers The Deal

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FINANCED
$2,960,000

California

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Commercial
Financed 06/01/2022
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FINANCED

HAB Bank Provides $2.96M Refinance Loan For Lewis Lofts In Camarillio. Meridian Capital Group Brokers The Deal

2423 Ventura Boulevard

See Similar Deals
Commercial
Financed 06/01/2022
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Summary

CALIFORNIA
Asset Type:Commercial
Transaction Type:Loan

Lewis Lofts, located at 2423-2473 Ventura Blvd. in Camarillo, CA, is a fully renovated vintage historic building in Old Town Camarillo. The property offers an attractive boutique retail and office environment, consisting of 18,085 net rentable square feet across five retail spaces and nine office spaces on a 21,992 square foot lot.

Summary of transaction details

  • Property Type: Commercial – Retail/Office
  • Transaction Amount: $2,960,000
  • Address: 2423-2473 Ventura Blvd. - Lewis Lofts, Camarillo, CA
  • Market: Camarillo, CA

HAB Bank provided a refinancing loan for Lewis Lofts. The loan amount was $2,960,000. The brokers involved in this transaction were David Oheb, Don Aynesazan, and Max Jacobson from Meridian Capital Group. Meridian Capital Group is America's most active real estate finance and advisory firm, with a track record of closing over $55 billion in financing in 2021 across various property types. They represent many leading real estate investors and developers.

For more information about how Meridian can add value to your portfolio, please contact David Oheb at 212-612-0193 or [email protected].

Players

David Oheb
77 deals$821.5M volume(212) 612-0193
BROKER

Max Jacobson
Meridian Capital Group
36 deals$264.4M volume
BROKER

Don Aynesazan
Matthews
9 deals$55M volume(213) 663-3382
BROKER

Habib American Bank (HAB BANK)
LENDER

Details

FINANCED
IMAGE: David Oheb, Don Aynesazan & Max Jacobson DATE: 06/01/2022 ADDRESS: 2423-2473 Ventura Blvd. - Lewis Lofts MARKET: Camarillio, CA ASSET TYPE: Commercial – Retail/Office LENDER: HAB Bank BROKERS: David Oheb (@TeamOheb), Don Aynesazan (@Don_Aynesazan) & Max Jacobson (@Max_Jacobson) - Meridian Capital Group LOAN AMOUNT: $2,960,000 LOAN TYPE: Refinance NOTE FROM BROKER: Lewis Lofts is a fully renovated vintage historic building located in Old Town Camarillo featuring a very attractive boutique retail & office environment. The property consists of 18,085 net rentable SF across five retail spaces & nine office spaces on a 21,992 SF lot. @Meridian.Capital.Group is America’s most active real estate finance & advisory firm, having closed over $55 billion in financing in 2021 across all property types, including multifamily, office, retail, hotel, mixed-use, industrial, & construction. Meridian represents many of the world’s leading real estate investors & developers. For more information on how Meridian can add value to your portfolio please contact: • David Oheb • 212-612-0193 • [email protected]

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$2,960,000.00

Monthly NOI$19,733.33
Monthly Debt Service$18,709.21
Change in Cash Flow$0.00
Refinance Proceeds$0.00