FINANCED
Lee Kleinman Acquires Sherman Oaks Office Building With $2.97M Loan
14200 Ventura Boulevard
Office
4,700 SF
4,700 SF
Financed 144 days ago
Summary
Loan
CALIFORNIA
Office
4,700 sqft
A loan transaction took place on November 14, 2023, for an office property located at 14200 Ventura Boulevard in Sherman Oaks. The property spans 4,700 square feet and is an office asset. The transaction was closed with a loan amount of $2,970,000.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,970,000
- Date: 11/14/2023
- Address: 14200 Ventura Boulevard
- Market: Sherman Oaks
- Square Footage: 4,700
The loan provider in this transaction was Lee Kleinman from Business Finance Capital CDC, and the broker involved was Sam Alishahi from KW Commercial. The loan was an acquisition loan, and the terms of the loan included a 50% first mortgage provided by the bank and a 40% second mortgage provided by the Small Business Administration (SBA).
This loan transaction facilitated the purchase of a multi-tenant office building on an 8,866 square foot lot. The total purchase price for the property was $3,300,000.
Players
All
2
Agents
1
Agencies
1
Details
FINANCED
IMAGE: Lee Kleinman & Sam Alishahi
DATE: 11/14/2023
ADDRESS: 14200 Ventura Boulevard
MARKET: Sherman Oaks
ASSET TYPE: Office ~ SF: 4,700
LENDER: Lee Kleinman (@Busbnkr) - Business Finance Capital CDC (@BFCFunding)
BROKER: Sam Alishahi - KW Commercial (@KWCommercialSoCal)
LOAN AMOUNT: $2,970,000
LOAN TYPE: Acquisition Loan
LOAN TERMS: This was an owner-user purchase through the SBA 504 program where the bank provided a 50% 1st mortgage and the SBA will provide a 40% 2nd mortgage. This multi-tenant office building consists of 4,700 SF situated on a 8,866 SF lot and traded for $3,300,000.View on map
Loading...
Address14200 Ventura Boulevard
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want