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
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