RRA Capital Provides $1.5M Loan For Industrial Property At 19640 Cajon Blvd San Bernardino
FINANCED
$1,500,000
California
See Similar DealsIndustrial42,231 SF
Financed 09/30/2021
FINANCED
RRA Capital Provides $1.5M Loan For Industrial Property At 19640 Cajon Blvd San Bernardino
19640 Cajon Blvd.
See Similar DealsIndustrial42,231 SF
Financed 09/30/2021
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$35
Total Square Footage:42,231 SF
Transaction Type:Loan
The property asset located at 19640 Cajon Blvd. is categorized as industrial real estate within the San Bernardino market. This transaction involved a loan amount of $1,500,000.00.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,500,000.00
- Address: 19640 Cajon Blvd.
- Market: San Bernardino
- Lender: RRA Capital
- Brokers: Peter Thompson (JLL)
The transaction was facilitated by broker Peter Thompson from JLL, representing the interests involved in the loan agreement with lender RRA Capital. This arrangement highlights the collaboration between the broker and the lender in securing financing for the industrial asset.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,500,000.00
Monthly NOI$10,000.00
Monthly Debt Service$9,481.02
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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