Updated Oct 29, 2024
Tucker Investment Group Secures $29.5M Loan For Ahoura Hills Shopping Center
28914 Roadside Drive, Agoura Hills, CA, USA
$29,500,000
$4,274/SF
Building Size
6,902 SF
Asset Type
Other
Closing
Sep 23, 2018
About this deal
AI
A shopping center located at 28914 Roadside Dr. in Ahoura Hills, LA was involved in a recent transaction. The property has a fixed interest rate of 6.25 percent for a term of 3 years. The loan amount for this transaction was $29,500,000. Anthony Delcau shared an image of the property on Instagram on September 24, 2018.
Summary of transaction details
- Property Type: Shopping Center
- Date: 24/09/2018
- Address: 28914 Roadside Dr., Ahoura Hills, LA
- Market: Ahoura Hills
- Asset Type: Shopping Center
- Lender: Benefit Street Partners
- Landlord: Tucker Investment Group
- Loan Amount: $29,500,000
- Loan Terms: Fixed interest rate of 6.25 percent for 3 years
The deal was facilitated by Tucker Investment Group, representing the landlord, and Benefit Street Partners, who provided the loan. This transaction highlights the collaboration between key individuals and companies in the real estate industry.
Players
Agoura Hills Other Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.54%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93