FINANCED
Eliza Nourhian Secures $4.5M Acquisition Loan For North Hollywood Industrial Property
7435 Greenbush Avenue
Industrial
16,177 SF
16,177 SF
Financed 16 days ago
Summary
Loan
CALIFORNIA
Industrial
16,177 sqft
An industrial building located at 7435 Greenbush Avenue in North Hollywood was recently acquired through an owner-user purchase. The property consists of 16,177 square feet, situated on a 30,745 square foot lot. The transaction totaled $4,999,999, with a loan amount of $4,499,999 provided.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,999,999
- Address: 7435 Greenbush Avenue
- Market: North Hollywood
- Loan Type: Acquisition Loan
The financing for this acquisition was facilitated by Lee Kleinman of Business Finance Capital CDC. The loan arrangement involved a 50% 1st mortgage from the bank and a 40% 2nd mortgage from the SBA under the SBA 504 program. Eliza Nourhian serves as the landlord for this newly acquired industrial property.
Players
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1
Lenders
1
Details
FINANCED
IMAGE: Lee Kleinman
DATE: 03/29/2024
ADDRESS: 7435 Greenbush Avenue
MARKET: North Hollywood
ASSET TYPE: Industrial ~ SF: 16,177
LENDER: Lee Kleinman (@Busbnkr) - Business Finance Capital CDC (@BCBFunding)
LANDLORD: Eliza Nourhian
LOAN AMOUNT: $4,499,999
LOAN TYPE: Acquisition Loan
LOAN TERMS: This was an owner-user purchase through the SBA 504 program where the bank provided a 50% 1st mortgage and the SBA will provide a 40% 2nd mortgage. This industrial building consists of 16,177 SF situated on a 30,745 SF lot and traded for $4,999,999.View on map
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Address7435 Greenbush Avenue
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