Trimax Realty & Loan Secures $1.8M Acquisition Loan For Culver City Office Property

The property involved in this transaction is an office located at 11214 Washington Place in Culver City. The property spans a total of 2,816 square feet. It was acquired by the client, whose goal was to find a property for their business. The property is well-located in the highly sought-after Culver City area.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $1,800,000
• Market: Culver City
• Lender: SBA
• Landlord: Robert Waldgreen
• Brokers: Fred Nabati & Michael Davoodpour - Trimax Realty & Loan

The client was referred to Trimax after facing difficulties in finding a property on their own and navigating the complex SBA loan process. The brokers at Trimax worked diligently to find the right property for the client while simultaneously communicating with multiple lenders and the SBA to explore various options. Despite facing multiple offers, the brokers secured the deal for the client. The loan obtained for this transaction is a phenomenal 25-year fixed rate loan with an interest rate of 5.05% and no pre-payment penalty.

If you are seeking a great loan and property, feel free to contact Fred Nabati and Michael Davoodpour at 424-704-3373 or 424-222-9456.