Ron Sentchuk's Logan Investments Provides $18.5M Loan For Industrial Property On Ventura Blvd
FINANCED
$18,500,000
California
See Similar DealsIndustrial3,785,000 SF
Financed 10/15/2020
FINANCED
Ron Sentchuk's Logan Investments Provides $18.5M Loan For Industrial Property On Ventura Blvd
12725 Ventura Ave
See Similar DealsIndustrial3,785,000 SF
Financed 10/15/2020
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$4
Total Square Footage:3,785,000 SF
Transaction Type:Loan
An industrial property located at 12725 Ventura Blvd in Montgomery, IL has recently undergone a loan transaction. The property spans approximately 3,785,000 square feet and sits on 352 acres.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $18,500,000
- Address: 12725 Ventura Blvd, Montgomery, IL
The loan for this property was provided by Ron Sentchuk, representing Logan Investments. The loan amount totals $18,500,000 and is structured as a 2nd Trust Deed, positioning it behind a 1st Trust Deed of $75,000,000.
Players
LENDER
LENDER
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$18,500,000.00
Monthly NOI$123,333.33
Monthly Debt Service$116,932.58
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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