Shawbrook Inc Secures $8.45 Million Refinance Loan For Medical Building In Glendale, California

The asset involved in this transaction is an office property spanning 39,563 square feet. The loan amount associated with this property is $8,450,000, and it serves as a refinance transaction. The markets involved include Glendale, Torrance, Irvine, and Corona.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $8,450,000
• Loan Type: Refinance
• Brokers: Tim Moaeed, Daniel Zand & Matthew Roton - Shawbrook Inc
• Asset Size: 39,563 SF
• Market: Glendale, Torrance, Irvine & Corona

This transaction was completed in 7 days with no appraisal required. The note from the broker indicates that Shawbrook Capital is funding private purchase, refinance, cash-out, and second position loans with no appraisal in California for both residential and commercial properties.