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Bandon Capital Advisors Secures $13.5M Refinance Loan For Office Property In Los Angeles

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FINANCED
$13,500,000

California

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Office81,426 SF
Financed 10/06/2022
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Property Image
FINANCED

Bandon Capital Advisors Secures $13.5M Refinance Loan For Office Property In Los Angeles

3800 Barham Boulevard

See Similar Deals
Office81,426 SF
Financed 10/06/2022
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$165
Total Square Footage:81,426 SF
Transaction Type:Loan

A loan transaction has taken place for the property located at 3800 Barham Blvd in Los Angeles, CA. The property is an office space with a size of 81,426 square feet.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $13,500,000
  • Market: Los Angeles, CA

The loan was provided by Correspondent Life Company - Bandon Capital Advisors, Inc. The loan amount for the refinance is $13,500,000. The loan terms include a 10-year fixed rate at 4.83%, with 3 years of interest-only payments and a 30-year amortization schedule. It is a non-recourse loan and includes a cash-out refinance option.

The broker representing the transaction is Kamron Aghevli from Bandon Capital Advisors, Inc.

Players

Kamron F. Aghevli
9 deals$106M volume
BROKER

Bandon Capital Advisors
LENDER


Details

FINANCED
IMAGE: Kamron Aghevli DATE: 10/06/2022 ADDRESS: 3800 Barham Blvd MARKET: Los Angeles, CA ASSET TYPE: Office ~ SF: 81,426 LENDER: Correspondent Life Company - Bandon Capital Advisors, Inc. BROKER: Kamron Aghevli (@Kamron.Aghevli) - Bandon Capital Advisors, Inc. LOAN AMOUNT: $13,500,000 LOAN TYPE: Refinance LOAN TERMS: 10 Year Fixed @ 4.83%; 3 Yrs Interest Only & 30 Year Amortization; Non-Recourse; Cash-Out Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$13,500,000.00

Monthly NOI$90,000.00
Monthly Debt Service$85,329.18
Change in Cash Flow$0.00
Refinance Proceeds$0.00