facebook

traded

+ Submit
Home

/

Deals

/

California

/

Development Site

/

Loan

/

5600 Beach Boulevard

William Shopoff Of Shopoff Realty Investments Secures $49 Million Loan For Development Site In Buena Park
FINANCEDDevelopment Site

William Shopoff Of Shopoff Realty Investments Secures $49 Million Loan For Development Site In Buena Park

5600 Beach Boulevard

$49,000,000

Building Size

Asset Type

Development Site

Closing

Mar 19, 2025

AI

The asset involved in this transaction is a development site located at 5600 Beach Boulevard in Buena Park. The loan amount secured for this site is $49,000,000.00, which is designated for acquisition purposes.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $49,000,000.00
  • Loan Type: Acquisition
  • Landlord: William Shopoff - Shopoff Realty Investments
  • Broker Representation: Jamie Kline - JLL, Kyle White - JLL
  • Loan Date: 03/19/2025

Key individuals involved in this transaction include William Shopoff, representing Shopoff Realty Investments as the landlord. The deal was brokered by Jamie Kline and Kyle White, both affiliated with JLL, who played integral roles in facilitating this acquisition process.

Players

Jamie Kline

JLL

Broker

$418.7M

vol

6 deals

Broker
William Shopoff

William Shopoff

Shopoff Realty Investments

Landlord

$355.7M

vol

10 deals

Landlord

Buena Park 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

0.32%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93