Updated Sep 2, 2026
NorthMarq Secures $6.1 Million Loan For Industrial Properties In Van Nuys, CA
14943 Califa Street, 15044 Keswick Street & 14932 Oxnard Street
$6,100,000
$141/SF
Building Size
43,154 SF
Asset Type
Industrial
Closing
Aug 26, 2026
About this deal
AI
The transaction involves three flex/showroom industrial properties located at 14943 Califa Street, 15044 Keswick Street, and 14932 Oxnard Street in Van Nuys, CA. The total square footage of the properties amounts to 43,154, with a combined acreage of 2.46. The loan amount secured for the refinance of these properties is $6,100,000, under a term of ten years.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $6,100,000
- Market: Van Nuys, CA
- Asset Size: 43,154 SF
- Acreage: 2.46
- Loan Type: Refinance
- Loan Terms: Ten-year
Zalmi Klyne and Stanley Chu from NorthMarq represented the borrower in arranging the permanent financing for the properties. The financing was secured through a life insurance company, despite one of the properties experiencing a loss of a key tenant during the process.
Players
Van Nuys 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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93