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1905 Aston Ave.

RRA Capital Provides $5.28M Loan For Office Property At 1905 Aston Ave In Carlsbad
FINANCEDOffice

RRA Capital Provides $5.28M Loan For Office Property At 1905 Aston Ave In Carlsbad

1905 Aston Ave.

$5,280,000

$138/SF

Building Size

38,010 SF

Asset Type

Office

Closing

Jun 2, 2017

AI

The property involved in this transaction is located at 1905 Aston Ave., situated in the Carlsbad market. The asset type is classified as an office. The total loan amount secured for this property is $5,280,000.00.

Summary of transaction details:

This transaction involved Ben Schwartz as the broker representing the deal, facilitating the loan secured by RRA Capital for the property located at 1905 Aston Ave. The engagement highlights the active participation of key individuals in the financial acquisition process.

Players

Ben Schwartz

Cushman & Wakefield

Broker

$39.8M

vol

5 deals

Broker
RRA Capital
RRA CapitalLender
Alvarez & Marsal
Alvarez & MarsalLandlord

Carlsbad Office Market Snapshot

Boundary boundary · Office · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.00%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93