Capstar Bank Provides $3.25 Million Loan For Office Property In Hawthorne
FINANCED
$3,250,000
California
See Similar DealsOffice8,400 SF
Financed 03/11/2022
FINANCED
Capstar Bank Provides $3.25 Million Loan For Office Property In Hawthorne
14204 Prairie Ave
See Similar DealsOffice8,400 SF
Financed 03/11/2022
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$386
Total Square Footage:8,400 SF
Lot Square Footage:26572 SF
Transaction Type:Loan
The property asset involved in the transaction is an office located at 14204 Prairie Ave in the Hawthorne market. The loan amount for this transaction is $3,250,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,250,000.00
- Address: 14204 Prairie Ave
- Market: Hawthorne
- Lender: Capstar Bank
- Brokers: Joe Bolognese, Garrett Stasand (Cushman & Wakefield)
The deal's key individuals include Joe Bolognese and Garrett Stasand, representing the parties involved in the transaction. Garrett Stasand is affiliated with Cushman & Wakefield, highlighting the brokerage firm involved in the deal.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,250,000.00
Monthly NOI$21,666.67
Monthly Debt Service$20,542.21
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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