Updated Nov 10, 2026
The Ruth Group And The Roxborough Group Secure $98.5 Million Refinance Loan From Western Alliance Bank
970-990 West 190th Street
$98,500,000
$197/SF
Building Size
498,104 SF
Asset Type
Mixed-use
Closing
Aug 25, 2026
About this deal
AI
The asset involved in this transaction is a mixed-use property located at 970-990 West 190th Street in Torrance, comprising a total square footage of 498,104. A refinance loan was secured for this property, with a total loan amount of $98,500,000 issued by Western Alliance Bank.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $98,500,000
- Lender: Western Alliance Bank
- Borrower: The Ruth Group and The Roxborough Group
- Brokers: Bill Moyer, Mark Fluent & David Milestone - CBRE
This transaction involved key representatives, Bill Moyer, Mark Fluent, and David Milestone, who acted on behalf of the brokers from CBRE, facilitating the refinance process for The Ruth Group and The Roxborough Group. They played a crucial role in navigating the details of this significant financial agreement.
On the Map
$98,500,000
$197/SF
Mixed-use
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Players
Torrance Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93