Updated Dec 4, 2024
Barclays Provides $16.5M Loan To Camphor Partners For Irvine Office Buildings
18872 Macarthur Boulevard & 18952 Macarthur Boulevard
$16,500,000
$82/SF
Building Size
100,000 SF
Asset Type
Office
Closing
Jan 16, 2024
About this deal
AI
The subject of this transaction is an office property located at 18872 & 18952 Macarthur Boulevard in Irvine. The property spans 100,000 square feet and is owned by Camphor Partners. The transaction involved a refinancing loan provided by Barclays for a total amount of $16,500,000.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $16,500,000
- Address: 18872 & 18952 Macarthur Boulevard
- Market: Irvine
- Lender: Barclays
- Landlord: Camphor Partners
- Broker: Brian Bowis - Newmark
- Loan Type: Refinance
Brian Bowis from Newmark represented the parties involved in this transaction as the broker. No additional details about the deal or the individuals and companies involved were provided.
On the Map
$16,500,000
$82/SF
Office
View full map
Players
Irvine Office Market Snapshot
Boundary boundary · Office · Loan transactions
Loading comparables…
Deal FAQ
Visit Brian Bowis to view all their deals.
Browse Irvine office loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93