Ron Sentchuk's Logan Investments Provides $18.5M Loan For Industrial Property On Ventura Blvd
12725 Ventura Ave
$18,500,000
$4/SF
Building Size
3,785,000 SF
Asset Type
Industrial
Closing
Oct 14, 2020
AI
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
Simi Valley Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93