FINANCED
New York Life Provides $47.5M Refinance Loan For Tarzana Office Property
5411 Etiwanda Avenue
Office
90,000 SF
90,000 SF
Financed 1 year ago
Summary
Loan
CALIFORNIA
Office
90,000 sqft
Located at 5411 Etiwanda Ave in Tarzana, this office property spans across 90,000 square feet. The transaction, which took place on March 17, 2022, involved a refinance loan.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $47,500,000
- Loan Type: Refinance
- Loan Terms: 11 year term, rate fixed at 3.26%
The lender for this transaction was New York Life, and the landlord is Steve Loo, represented by Brad Sevier from Highland Realty Capital.
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Details
FINANCED
IMAGE: Brad Sevier
DATE: 03/17/2022
ADDRESS: 5411 Etiwanda Ave.
MARKET: Tarzana
ASSET TYPE: Office ~ SF: 90,000
LENDER: New York Life
LANDLORD: Renton - Steve Loo
BROKER: Brad Sevier - Highland Realty Capital
LOAN AMOUNT: $47,500,000
LOAN TYPE: Refinance
LOAN TERMS: 11 year term, rate fixed at 3.26%View on map
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Address5411 Etiwanda Avenue
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