Updated Jun 5, 2025
J.P. Morgan Provides $56.4M Loan For Retail Property In DTLA
1111 South Broadway, Los Angeles, CA 90015, USA
$56,400,000
$19,542/SF
Building Size
2,886 SF
Asset Type
Retail
Closing
Jan 17, 2019
About this deal
AI
The retail property located at 1111 S. Broadway in DTLA has been involved in a closed transaction. The loan amount for this transaction was $56.4M. The lender for this loan was J.P. Morgan.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $56.4M
- Address: 1111 S. Broadway
- Market: DTLA
The landlord in this transaction was The Georgetown Company. The landlord's representatives involved in this deal were Todd Sugimoto, Jeff Sause, and Spencer Richley from HFF.
The retail loan at 1111 South Broadway, Los Angeles, CA 90015, USA in Los Angeles, California financed for $56.4M in 2019. The building is 2,886 square feet, implying about 19.5K per square foot on the published price. Todd Sugimoto, Spencer Richley, Jeff Sause, JLL appear on the loan alongside JLL. This page is the Los Angeles, California file for the 1111 South Broadway, Los Angeles, CA 90015, USA retail financed: pricing, party profiles, and other closed retail comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles retail set by closing date to see what else financed near 1111 South Broadway, Los Angeles, CA 90015, USA around 2019. Published consideration for 1111 South Broadway, Los Angeles, CA 90015, USA is $56.4M, dated 2019. Cite this J.P. Morgan Provides $56.4M Loan For Retail Property In DTLA loan when underwriting similar retail product around Los Angeles, California.
Players
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93