Hanmi Bank Provides $9.3M Loan For Thousand Oaks Office Property - Kovi Elkus

Hanmi Bank provided a loan of $9,300,000 for the purchase of an office property in Thousand Oaks. The transaction took place on June 2, 2021, and Kovi Elkus from the Kovi Elkus agency represented the buyer as the broker in the deal.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $9,300,000
• Lender: Hanmi Bank
• Broker: Kovi Elkus
• Term: 5-Year Term, 3.4% with Flexible Prepay

It is worth noting that the loan comes with a 5-year term and a flexible prepayment option at an interest rate of 3.4%. This provides the buyer with flexibility in managing their financial obligations related to the property.