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

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.