FINANCED
First Citizens Bank Provides $3.8M Loan For Community Facility On Empress Ave
4346 Empress Avenue, Iron Canyon Road, 17400 Magnolia Boulevard
Other
4,008 SF
4,008 SF
Financed 1 year ago
Summary
Loan
CALIFORNIA
Other
4,008 sqft
A cash-out refinance loan in the amount of $3,800,000 was secured for a portfolio of youth rehabilitation facilities located at 4346 Empress Ave, Iron Canyon Rd., and 17400 Magnolia Blvd. The loan was provided by First Citizens Bank at a 2.95% fixed interest rate for a term of 7 years.
Summary of transaction details
- Property Type: Community Facility
- Loan Amount: $3,800,000
- Lender: First Citizens Bank
- Brokers: Uri Pearl, Yaakov Zar from LevCapital
Uri Pearl and Yaakov Zar from LevCapital represented the parties involved in the loan deal.
Players
All
4
Agents
2
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Uri Pearl (@UPearl23) & Yaakov Zar (@YJZar)
DATE: 08/20/2020
ADDRESS: 4346 Empress Ave, Iron Canyon Rd., 17400 Magnolia Blvd
ASSET TYPE: Community Facility
LENDER: First Citizens Bank
BROKERS: Uri Pearl, Yaakov Zar @LevCapital
LOAN AMOUNT: $3,800,000
LOAN TERMS: 7 year fixed rate at 2.95%
NOTES: Cash-out refinance for a portfolio of youth rehabilitation […]View on map
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Address4346 Empress Avenue, Iron Canyon Road, 17400 Magnolia Boulevard
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