Valley Blvd LLC Secures $20M Bridge Loan From Castellan Real Estate Partners In El Monte
9920 Valley Boulevard, El Monte, CA 91731, USA
$20,000,000
$210/SF
Building Size
95,187 SF
Asset Type
Other
Closing
Oct 27, 2019
AI
The property at 9920 Valley Blvd in El Monte has been involved in a recent transaction. This property is classified as an Other asset type and is located in the market of El Monte. The transaction took place on October 28, 2019.
Summary of transaction details
- Property Type: Other
- Transaction Date: October 28, 2019
- Address: 9920 Valley Blvd
- Market: El Monte
The lender for this transaction was Castellan Real Estate Partners. They provided a bridge loan in the amount of $20,000,000. The landlord involved in this deal is Valley Blvd LLC.
The deal was facilitated by brokers Matt Bucaro from Tauro Capital Advisors and Daniella Marca from Castellan Real Estate Partners.
Players
El Monte Other Market Snapshot
Boundary boundary · Other · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93