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RRA Capital Provides $13 Million Loan For Industrial Property At 1010 Sandhill Ave In Carson

Property Image
FINANCED
$13,000,000

California

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Industrial
Financed 07/14/2020
the dealplayerscompscontact
Property Image
FINANCED

RRA Capital Provides $13 Million Loan For Industrial Property At 1010 Sandhill Ave In Carson

1010 Sandhill Ave.

See Similar Deals
Industrial
Financed 07/14/2020
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Transaction Type:Loan

The asset involved in the transaction is an industrial property located at 1010 Sandhill Ave. in the Carson market. The loan amount secured for this property is $13,000,000.00, facilitating its operational needs or potential development.

Summary of transaction details:

Michael Malik represents the broker in this loan transaction, connecting the borrower with the lender, RRA Capital, to enable this financing solution.

Players

Michael Malik
Michael Malik
5 deals$56.5M volume
BROKER
RRA Capital
RRA Capital
LENDER
Vella Group
Vella Group
LANDLORD

Details

FINANCED
IMAGE: 07/14/2020 ADDRESS: 1010 Sandhill Ave. MARKET: Carson ASSET TYPE: Industrial BROKERS: Michael Malik() LENDER: RRA Capital LOAN AMOUNT: $13,000,000.00

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$13,000,000.00

Monthly NOI$86,666.67
Monthly Debt Service$82,168.84
Change in Cash Flow$0.00
Refinance Proceeds$0.00