Rachel Garcia Of CRE Capital Investments Arranges $2.1M Refinance Loan In Ontario
FINANCED
$2,100,000
California
See Similar DealsIndustrial
Financed 05/01/2024
FINANCED
Rachel Garcia Of CRE Capital Investments Arranges $2.1M Refinance Loan In Ontario
Industrial
Financed 05/01/2024
Summary
Asset Type:Industrial
Transaction Type:Loan
The industrial property located at 10806 Monte Vista Ave in Ontario has been subject to a $2,100,000 refinancing loan provided by Cesar Pena of Rubicon Mortgage Fund. The loan term spans 12 months, with McD INC acting as the landlord for this transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,100,000
- Lender: Cesar Pena - Rubicon Mortgage Fund
- Landlord: McD INC
- Brokers: Rachel Garcia - CRE Capital Investments
- Address: 10806 Monte Vista Ave
- Market: Ontario
Rachel Garcia of CRE Capital Investments facilitated the deal as the broker representing the parties involved in this refinancing transaction at 10806 Monte Vista Ave.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,100,000.00
Monthly NOI$14,000.00
Monthly Debt Service$13,273.43
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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