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.
Los Angeles 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
2.77%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93