Deutsche Bank Provides $150M Refinance Loan For Mixed-Use Property In Downtown LA
1933 South Broadway
Mixed-use
172,021 SF
172,021 SF
Financed 1 year ago
Summary
The mixed-use property located at 1933 South Broadway in Downtown LA has undergone a refinancing transaction. The loan, valued at $150,000,000, was secured from Deutsche Bank. The ten-year loan terms are interest-only.
Summary of Transaction Details:
- Property Type: Mixed-use
- Transaction Amount: $150,000,000
- Loan Type: Refinance
- Loan Terms: 10-year, interest-only
As part of this loan refinance, the property's landlord, Ara Tavitian of Kanon Ventures, played a crucial role. Their representation in the deal ensures the smooth execution of the refinancing process.
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1933 South Broadway
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