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RRA Capital Provides $5,835,000 Loan For Industrial Asset At 2335 W. 208th St. Torrance

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FINANCED
$5,835,000

California

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Industrial19,451 SF
Financed 02/26/2021
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Property Image
FINANCED

RRA Capital Provides $5,835,000 Loan For Industrial Asset At 2335 W. 208th St. Torrance

2335 W. 208th St.

See Similar Deals
Industrial19,451 SF
Financed 02/26/2021
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$300
Total Square Footage:19,451 SF
Transaction Type:Loan

The asset involved in this transaction is an industrial property located at 2335 W. 208th St., Torrance, with a loan amount of $5,835,000.00.

Summary of transaction details:

Mark Brandenburg of JLL represented the deal, facilitating the loan secured for the industrial asset by RRA Capital.

Players

Mark Brandenburg
JLL
Mark Brandenburg
3 deals$45.3M volume
BROKER
RRA Capital
RRA Capital
LENDER
FH
Frontline Holdings
LANDLORD

Details

FINANCED
IMAGE: 02/26/2021 ADDRESS: 2335 W. 208th St. MARKET: Torrance ASSET TYPE: Industrial BROKERS: Mark Brandenburg(JLL) LENDER: RRA Capital LOAN AMOUNT: $5,835,000.00

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$5,835,000.00

Monthly NOI$38,900.00
Monthly Debt Service$36,881.17
Change in Cash Flow$0.00
Refinance Proceeds$0.00