Updated Nov 11, 2026
Bardas Investment Group Secures $30 Million Refinance Loan From East West Bank For Office Asset
6344 Fountain Avenue
$30,000,000
$510/SF
Building Size
58,800 SF
Asset Type
Office
Closing
Sep 29, 2026
About this deal
AI
The asset involved in this transaction is an office building located at 6344 Fountain Avenue in Los Angeles, comprising a total square footage of 58,800. The loan associated with this property is a refinance type, amounting to $30,000,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $30,000,000
- Address: 6344 Fountain Avenue
- Market: Los Angeles
- Lender: East West Bank
- Borrower: Bardas Investment Group
- Brokers: Bill Moyer, Mark Fluent & David Milestone - CBRE
- Loan Type: Refinance
The key individuals involved in this transaction include Bill Moyer, Mark Fluent, and David Milestone, all representing the broker agency CBRE in the deal. Their participation reflects a significant brokerage effort in securing the refinancing of the asset.
On the Map
$30,000,000
$510/SF
Office
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93