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Goldman Sachs Provides $80 Million Refinance Loan To Continental Development Corporation In Los Angeles

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FINANCED
$80,000,000

California

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Office162,031 SF
Financed 03/31/2026
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FINANCED

Goldman Sachs Provides $80 Million Refinance Loan To Continental Development Corporation In Los Angeles

4800 Alla Road

See Similar Deals
Office162,031 SF
Financed 03/31/2026
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$493
Total Square Footage:162,031 SF
Transaction Type:Loan

The property asset involved in this transaction is an office located at 4800 Alla Road in the Los Angeles market. The asset encompasses a total square footage of 162,031 and is refinanced with a loan amount of $80,000,000.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $80,000,000
  • Loan Type: Refinance
  • Loan Terms: 5 years
  • Lender: Goldman Sachs
  • Landlord: Continental Development Corporation & Mar Ventures
  • Brokers: Patrick Brown & David N. Sonnenblick - Sonnenblick-Eichner Company

The refinancing aligns with a five-year, fixed-rate, interest-only financing model that successfully refinanced a construction loan for the property. The property was developed in 2020 by the sponsor.

Players

LENDER



11 deals$523.1M volume
ORIGINATOR

David N. Sonnenblick
Sonnenblick-Eichner Company
5 deals$210M volume
ORIGINATOR

Details

FINANCED
IMAGE: David N. Sonnenblick & Patrick Brown DATE: 03/31/2026 ADDRESS: 4800 Alla Road MARKET: Los Angeles ASSET TYPE: Office ~ SF: 162,031 LENDER: Goldman Sachs (@GoldmanSachs) LANDLORD: Continental Development Corporation & Mar Ventures BROKERS: Patrick Brown & David N. Sonnenblick - Sonnenblick-Eichner Company LOAN AMOUNT: $80,000,000 LOAN TYPE: Refinance LOAN TERMS: 5 years NOTE: The five-year, fixed-rate, interest only financing refinanced a construction loan for the property, which was developed in 2020 by the sponsor.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$80,000,000.00

Monthly NOI$533,333.33
Monthly Debt Service$505,654.42
Change in Cash Flow$0.00
Refinance Proceeds$0.00