facebook
Traded Co logo
Submit

RRA Capital Provides $3,803,835 Loan For Office Asset At 3 Burroughs In Irvine

Property Image
FINANCED
$3,803,835

California

See Similar Deals
Office22,495 SF
Financed 04/12/2016
the dealplayerscompscontact
Property Image
FINANCED

RRA Capital Provides $3,803,835 Loan For Office Asset At 3 Burroughs In Irvine

3 Burroughs

See Similar Deals
Office22,495 SF
Financed 04/12/2016
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$169
Total Square Footage:22,495 SF
Transaction Type:Loan

The asset involved in this transaction is an office property located at 3 Burroughs in Irvine. The loan amount for this property is $3,803,835.00, as facilitated by RRA Capital.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $3,803,835.00
  • Address: 3 Burroughs
  • Market: Irvine
  • Lender: RRA Capital
  • Broker: John Chun (JLL)
  • Loan Date: 04/12/2016

This transaction involved key representatives in the commercial real estate sphere, with John Chun representing the broker agency JLL in the deal. The arrangement illustrates the collaboration between lending institutions and brokerage firms in financing office spaces within the Irvine market.

Players

John Chun
20 deals$1.1B volume
BROKER

RRA Capital
LENDER

Details

FINANCED
IMAGE: 04/12/2016 ADDRESS: 3 Burroughs MARKET: Irvine ASSET TYPE: Office BROKERS: John Chun(JLL) LENDER: RRA Capital LOAN AMOUNT: $3,803,835.00

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,803,835.00

Monthly NOI$25,358.90
Monthly Debt Service$24,042.82
Change in Cash Flow$0.00
Refinance Proceeds$0.00