Marquee Funding Group, Inc. Provides $11M Acquisition Loan For Development Site In Orange County
34620 Del Obispo Street, Dana Point, California 92629, United States
$11,000,000
$96/SF
Building Size
113,563 SF
Asset Type
Development Site
Closing
Sep 1, 2022
AI
A development site located at 34620 Del Obispo St. & 25325 Dana Point Harbor Dr. in Orange County has been involved in a closed property transaction. The site has a building square footage (BSF) of 113,500 and a total square footage (SF) of 113,563. The transaction took place on 09/02/2022.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $11,000,000
- Address: 34620 Del Obispo St. & 25325 Dana Point Harbor Dr., Orange County
- Market: Orange County
- BSF: 113,500
- SF: 113,563
The lender for this transaction was Marquee Funding Group, Inc., represented by Steven Simantob. The loan amount provided was $11,000,000, and it was an acquisition loan. For inquiries regarding financing options for real estate transactions, Marquee Funding Group can be contacted at [email protected] or by calling (818) 222-5222.
Contact information for Steven Simantob, the representative of Marquee Funding Group, Inc., is as follows: - Email: [email protected] - Phone: (818) 222-5222 ext.117
Players
Dana Point Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93