Updated Feb 4, 2025
RRA Capital Provides $4 Million Loan For Office Asset At 901 Corporate Center Dr
901 Corporate Center Dr.
$4,000,000
$13/SF
Building Size
292,717 SF
Asset Type
Office
Closing
Jul 10, 2018
About this deal
AI
The asset involved in this transaction is an office property located at 901 Corporate Center Dr. in the Pomona market. The property was financed through a loan totaling $4,000,000.00.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $4,000,000.00
- Address: 901 Corporate Center Dr.
- Market: Pomona
- Lender: RRA Capital
- Broker: Adam Deermount
Key individuals involved in this deal include broker Adam Deermount, who represents the associated parties in the transaction. The lender for this deal is RRA Capital, which facilitated the loan for the office property.
On the Map
$4,000,000
$13/SF
Office
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Players
Pomona 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93