Ally Commercial RE Refinances Office Property In Tustin For $11.2M | 2472 Downey Avenue | Trevor Damyan | Office | Loan

Summary

Loan

CALIFORNIA

Office

51,500 sqft

The property involved in the transaction is an office space located at 2472 Downey Ave in Tustin. This office space spans a total area of 51,500 square feet. The transaction took place on the specified date of 08/16/2023.

Summary of transaction details

Property Type: Office
Transaction Amount: $11,200,000
Loan Type: Refinance
Loan Terms: 70% loan-to-value ratio, 5-year term, 36-months interest only, fixed rate of 6.50%, no prepayment penalty

The transaction was facilitated by Ally Commercial RE, represented by their broker Trevor Damyan. The landlord for this property is Downey Ave.

Players

All
2

Agents
1
Agencies
1

Trevor Damyan

CEO / Founder

CLS - California Loan Servicing

Details

Deal Summary

FINANCED

IMAGE: Trevor Damyan DATE: 08/16/2023 ADDRESS: 2472 Downey Ave MARKET: Tustin ASSET TYPE: Office ~ SF: 51,500 LANDLORD: Downey Ave BROKER: Ally Commercial RE (@AllyCommercialRE) - Trevor Damyan LOAN AMOUNT: $11,200,000 LOAN TYPE: Refinance LOAN TERMS: 70% LTV, 5 year term, 36-months interest only, fixed rate of 6.50%, no prepayment penalty

View on map

Address2472 Downey Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want