First Pacific Financial Provides $21.5M Loan For Development Site On Woodley Avenue In Van Nuys

The development site located at 6847-6863 Woodley Avenue in Van Nuys has recently secured a loan amount of $21,500,000. The property spans a total square footage of 99,398 and is owned by Extra Space Storage. First Pacific Financial served as the lender for this transaction.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $21,500,000
• Address: 6847-6863 Woodley Avenue
• Market: Van Nuys
• Loan Lender: First Pacific Financial
• Landlord: Extra Space Storage

Todd Sherman and Grant Feitshans, representing First Pacific Financial, played a crucial role as the brokers in this deal. Their expertise and negotiation skills contributed to the successful completion of this transaction.