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1500 West Adams Boulevard

Angela Mulder Of Pacific National Bank Provides $5.73M Refinance Loan To TRE Group In Los Angeles
FINANCEDDevelopment Site

Angela Mulder Of Pacific National Bank Provides $5.73M Refinance Loan To TRE Group In Los Angeles

1500 West Adams Boulevard

$5,730,000

Building Size

Asset Type

Development Site

Closing

Sep 22, 2025

AI

The asset involved in this transaction is a development site portfolio located at 1500 West Adams Boulevard in Los Angeles. The loan amount for the property is $5,730,000, with the lender being Pacific National Bank and the loan type categorized as refinance.

Summary of transaction details:

  • Property Type: Development Site Portfolio
  • Transaction Amount: $5,730,000
  • Lender: Angela Mulder - Pacific National Bank
  • Landlord: TRE Group
  • Loan Type: Refinance
  • Date of Transaction: 9/23/2025

The individuals involved in this transaction include Angela Mulder, representing Pacific National Bank as the lender, along with Jeff Cannon, Jai Lee, and Yvonne Wang, who were also part of the deal. The landlord is represented by TRE Group, bringing together multiple stakeholders in the development sector for this refinancing opportunity.

Players

Angela Mulder

Pacific National Bank

Lender

$40.8M

vol

3 deals

Lender
Pacific National Bank
Pacific National BankLender

Los Angeles 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

2.77%

Cash-on-Cash

-0.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93