Oakridge Capital Advisors Provides $1.5M SBA Loan For Office Acquisition In Burbank

The property asset involved in this transaction is located at 527 North Victory Boulevard in Burbank. It is classified as an office space with a total square footage of 4,750. The loan amount secured for the acquisition of this asset is $1,498,200, and the loan type is SBA.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $1,498,200
• Lender: Oakridge Capital Advisors, Inc
• Lender's Representative: Sarkis Daldumyan - Oakridge Capital Advisors
• Buyer's Representative: Petros Gumrikyan - Pinnacle Estate Properties Inc
• Loan Terms: SBA

The deal involved key individuals and companies, with Sarkis Daldumyan representing Oakridge Capital Advisors in the lending process. On the buyer's side, Petros Gumrikyan represented Pinnacle Estate Properties Inc in securing the loan for the acquisition of the office property.