BLT Enterprises Secures $13.99M Refinance Loan For El Segundo Office Building | 621 Hawaii Street | Bryan Kenny | Office | Loan

Summary

Loan

CALIFORNIA

Office

49,000 sqft

Bandon Capital Advisors has secured a $13.99 million loan to refinance a 49,000-square-foot office building located at 621 Hawaii Street in El Segundo. This successful transaction highlights the potential for favorable financing in quality office properties outside CBDs, despite the challenges faced by the office real estate sector.

Summary of transaction details:

Property Type: Office
Transaction Amount: $13,990,000
Market: El Segundo
Address: 621 Hawaii Street
Square Footage: 49,000

The loan was secured on behalf of BLT Enterprises by Bryan Kenny from Bandon Capital Advisors. Bryan Kenny served as the broker representative for this deal.

Players

All
2

Agents
1
Agencies
1

Bryan Kenny

President/Principal

Bandon Capital Advisors

Details

Deal Summary

FINANCED

IMAGE: Bryan Kenny DATE: 05/16/2023 ADDRESS: 621 Hawaii Street MARKET: El Segundo ASSET TYPE: Office ~ SF: 49,000 BROKER: Bryan Kenny - Bandon Capital Advisors LOAN AMOUNT: $13,990,000 LOAN TYPE: Refinance LOAN TERMS: long-term fixed-rate loan with interest-only periods followed by a 30-year amortization NOTE: Bandon Capital Advisors has secured a $13.99 million loan to refinance a 49,000-square-foot office building in El Segundo on behalf of BLT Enterprises. The successful transaction highlights the potential for favorable financing in quality office properties outside CBDs, despite the challenges faced by the office real estate sector.

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Address621 Hawaii Street

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