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.