RRA Capital Provides $2,406,000 Loan For Office At 5040 Shoreham Place San Diego
FINANCED
$2,406,000
California
See Similar DealsOffice80,800 SF
Financed 02/26/2016
FINANCED
RRA Capital Provides $2,406,000 Loan For Office At 5040 Shoreham Place San Diego
5040 Shoreham Place
See Similar DealsOffice80,800 SF
Financed 02/26/2016
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$29
Total Square Footage:80,800 SF
Transaction Type:Loan
The asset involved in this transaction is an office property located at 5040 Shoreham Place in the San Diego market. The loan amount secured for this property is $2,406,000.00, but specifics regarding square footage or additional characteristics are not provided.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,406,000.00
- Address: 5040 Shoreham Place
- Market: San Diego
- Lender: RRA Capital
- Brokers: Ben Schwartz
This transaction involved Ben Schwartz representing the broker side of the deal, facilitating the loan arrangement with RRA Capital for the office property located at 5040 Shoreham Place. Details about other parties involved in the transaction are not specified.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,406,000.00
Monthly NOI$16,040.00
Monthly Debt Service$15,207.56
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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