Itamar Tehrani Secures $7,875,000 Loan From Lee Kleinman For Office Acquisition In North Hollywood

The property asset involved in this transaction is an office space located at 4123 Lankershim Boulevard in the North Hollywood market. The total square footage of the asset is 32,250. The acquisition loan amount secured for this property was $7,875,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $7,875,000
• Loan Type: Acquisition
• Lender: Lee Kleinman - Business Finance Capital CDC
• Borrower: Itamar Tehrani
• Deal Notes: This was an owner user purchase through the SBA 504 program to assist a growing professional services firm that required a larger office facility to support the continued growth of the firm. This was executed with 10% down and 25 year below market fixed interest rates.

Key individuals involved in this transaction include Lee Kleinman, a financial services veteran with 37 years of experience, acting as the lender through Business Finance Capital CDC, which is recognized as a top local and nationally ranked CDC in assisting with SBA 504 projects. Itamar Tehrani is noted as the borrower in this acquisition.