Avanta Network Secures $18 Million Refinance Loan From Private Mortgage Fund For Office Asset
600 City Parkway West
$18,000,000
Building Size
—
Asset Type
Office
Closing
Jun 11, 2026
AI
The property asset involved in this transaction is an office located at 600 City Parkway West in the Orange market. The property secured a loan amount of $18,000,000 through refinancing. The asset type is categorized as Office.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $18,000,000
- Lender: Private Mortgage Fund
- Landlord: Avanta Network
- Broker: Bryant Tran - Marcus & Millichap
- Originator: Ron Balys - Marcus & Millichap
- Loan Type: Refinance
- Date of Transaction: 06/11/2026
The deal involved key individuals including Ron Balys, who served as the originator, and Bryant Tran, acting as the broker. Both representatives are affiliated with Marcus & Millichap, emphasizing the professional involvement of these individuals in facilitating the transaction.
Players
Orange Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93