Updated Dec 14, 2024
Clay Goldthwait & Mark Bolour Refinance Industrial Property In Thousand Oaks For $5.8M
3105 Willow Lane
$5,800,000
$223/SF
Building Size
26,000 SF
Asset Type
Industrial
Closing
Aug 9, 2023
About this deal
AI
An industrial property located at 3105 Willow Lane in Thousand Oaks has recently had a loan transaction. The property has a total square footage of 26,000 and is part of the industrial asset type.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,800,000
- Loan Type: Refinance
- Loan Terms: 24 Months
- Lender: Clay Goldthwait & Mark Bolour - Bolour Associates
- Landlord: Natren Probiotics
Bolour Associates, represented by Clay Goldthwait and Mark Bolour, provided a loan amount of $5,800,000 for the refinancing of this industrial property. The loan has a term of 24 months.
They specialize in asset-based bridge lending and have experience in investment and development. Bolour Associates can offer loans with up to 75% loan-to-value (LTV), loan terms of up to 2 years, loan amounts ranging from $2 million to $30 million, and interest rates starting at 8%. For more information on how Bolour Associates can fulfill lending needs, Clay Goldthwait can be contacted at ☎️ 323-677-0550 ext.121 or via email at [email protected]. Their website, bolourassociates.com/lending, also provides additional details.
Players
Market 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
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93