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Asher Luzzatto Of The Luzzatto Company Secures $24M Loan For Office Acquisition In Venice

Property Image
FINANCED
$24,000,000
Lauren Sackler
Jeff Sause
Danny Ryan

California

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Office
Financed 01/08/2026
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Property Image
FINANCED

Asher Luzzatto Of The Luzzatto Company Secures $24M Loan For Office Acquisition In Venice

340 Main Street

See Similar Deals
Office
Financed 01/08/2026
Lauren Sackler
Jeff Sause
Danny Ryan
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Office
Transaction Type:Loan

The property asset involved is an office located at 340 Main Street in Venice. The acquisition loan amounts to $24,000,000, facilitating the purchase of this office real estate. The specific characteristics of the property, such as square footage and market value, are not detailed in the context provided.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $24,000,000
  • Lender: DoubleLine
  • Landlord: Asher Luzzatto - The Luzzatto Company
  • Brokers: Jeff Sause, Lauren Sackler & Danny Ryan - JLL
  • Loan Type: Acquisition

The key individuals involved in the deal include Asher Luzzatto representing The Luzzatto Company as the landlord and the brokerage team of Jeff Sause, Lauren Sackler, and Danny Ryan from JLL, who facilitated the transaction as brokers.

Players

Jeff Sause
JLL
Jeff Sause
33 deals$1.6B volume
BROKER
Lauren Sackler
JLL
Lauren Sackler
6 deals$104.4M volume(310) 595-3660
BROKER
Danny Ryan
JLL
Danny Ryan
6 deals$134.6M volume
BROKER
The Luzzatto Company
The Luzzatto Company
LANDLORD

Details

FINANCED
IMAGE: Asher Luzzatto, Jeff Sause, Lauren Sackler & Danny Ryan DATE: 01/08/2026 ADDRESS: 340 Main Street MARKET: Venice ASSET TYPE: Office LENDER: DoubleLine LANDLORD: Asher Luzzatto - The Luzzatto Company BROKERS: Jeff Sause, Lauren Sackler & Danny Ryan - JLL (@JLL) LOAN AMOUNT: $24,000,000 LOAN TYPE: Acquisition

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$24,000,000.00

Monthly NOI$160,000.00
Monthly Debt Service$151,696.33
Change in Cash Flow$0.00
Refinance Proceeds$0.00