JPMorgan Chase Provides $22.4M Loan For Nursing Site In San Pedro
FINANCED
$22,400,000
California
See Similar DealsOther
Financed 04/29/2022
FINANCED
JPMorgan Chase Provides $22.4M Loan For Nursing Site In San Pedro
311 North Beacon Street, San Pedro, California 90731, United States
See Similar DealsOther
Financed 04/29/2022
Summary
CALIFORNIA
Asset Type:Other
Transaction Type:Loan
A nursing site located at 311-345 N. Beacon Street in San Pedro has been involved in a recent transaction. The property consists of 90 units and is owned by Enterprise Community Partners. The transaction took place on 04/29/2022.
Summary of transation details
- Property Type: Nursing Site
- Transaction Amount: $22,400,000
- Loan Lender: JPMorgan Chase
- Landlord: Enterprise Community Partners - Priscilla Almodovar
JPMorgan Chase provided a loan amount of $22,400,000 for the transaction. Priscilla Almodovar, representing Enterprise Community Partners, served as the landlord for the deal.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$22,400,000.00
Monthly NOI$149,333.33
Monthly Debt Service$141,583.24
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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