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6400 Canoga Avenue

Paul Rahimian & Brad Ross Of Parkview Financial Provide $20.75M Construction Loan For Wellpointe
FINANCEDDevelopment Site

Paul Rahimian & Brad Ross Of Parkview Financial Provide $20.75M Construction Loan For Wellpointe

6400 Canoga Avenue

$20,750,000

Building Size

Asset Type

Development Site

Closing

Dec 14, 2025

AI

The asset involved in this transaction is a development site located at 6400 Canoga Avenue in Woodland Hills. The property serves as a potential site for future construction, with the loan amount secured for this purpose being $20,750,000.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $20,750,000
  • Lender: Paul Rahimian & Brad Ross - Parkview Financial
  • Borrower: Wellpointe
  • Loan Type: Construction

In this transaction, the key individuals representing the financial interests are Paul Rahimian and Brad Ross, who are associated with Parkview Financial, the lender facilitating the loan for the borrower, Wellpointe, to aid in the development of the site.

Players

Parkview Financial
Parkview FinancialLender

Paul Rahimian

Parkview Financial

Lender

$247.6M

vol

8 deals

Lender

Woodland Hills Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.76%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93