G&N Management Secures $15.3 Million Refinance Loan For El Segundo Medical Office | 601 Hawaii Street | Alicia Sabanero, Amit Tyagi, Mark Ritchie | Medical Office | Loan

Summary

Loan

CALIFORNIA

Medical Office

51,000 sqft

A medical office building located at 601 Hawaii Street in El Segundo, California has been refinanced with a loan amount of $15.3 million. The property, totaling 51,000 square feet, is owned by G&N Management and fully leased to DaVita. The refinance was secured by Gantry, with Deutsche Bank providing a five-year, fixed-rate mortgage with interest-only terms.

Summary of transaction details:

Property Type: Medical Office
Transaction Amount: $15,300,000
Address: 601 Hawaii Street
Market: El Segundo
Lender: Deutsche Bank
Landlord: G&N Management
Brokers: Alicia Sabanero, Amit Tyagi & Mark Ritchie - Gantry

Gantry, represented by Alicia Sabanero, Amit Tyagi, and Mark Ritchie from Gantry, successfully secured the $15.3 million loan for the medical office property in El Segundo, California.

Players

All
4

Agents
3
Agencies
1

Details

Deal Summary

FINANCED

IMAGE: Mark Ritchie, Amit Tyagi & Alicia Sabanero DATE: 11/16/2023 ADDRESS: 601 Hawaii Street MARKET: El Segundo ASSET TYPE: Medical Office ~ SF: 51,000 LENDER: Deutsche Bank (@DeutscheBank) LANDLORD: G&N Management BROKERS: Alicia Sabanero (@AliciaSabanero4), Amit Tyagi & Mark Ritchie - Gantry (@Gantry_Inc) LOAN AMOUNT: $15,300,000 LOAN TYPE: Refinance LOAN TERMS: five-year, fixed-rate mortgage features interest-only terms NOTE: Gantry secured $15.3 million in permanent refinancing for a medical office in El Segundo, California. The five-year CMBS loan from DBR Investments, featuring a fixed rate and interest-only terms, is fully leased to DaVita.

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Address601 Hawaii Street

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