Updated Oct 29, 2024
Wells Fargo Refinances Mixed-use Property In Canoga Park For $7.1M
21101 Victory Blvd
$7,110,000
$192/SF
Building Size
37,000 SF
Asset Type
Mixed-use
Closing
Feb 21, 2023
About this deal
AI
The mixed-use property located at 21101 Victory Blvd in Canoga Park has recently undergone a refinancing transaction. The property spans approximately 37,000 square feet and is situated in the Canoga Park market.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $7,110,000
- Lender: Wells Fargo
- Broker: Mark Neuman - Corvin Capital
- Loan Type: Refinance
Mark Neuman from Corvin Capital represented the parties involved in the refinancing deal. Wells Fargo provided a loan amount of $7,110,000 to refinance the property at 21101 Victory Blvd in Canoga Park.
Players
Market Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Visit Mark Neuman to view all their deals.
Browse California mixed use loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93