RRA Capital Provides $4.3 Million Loan For Retail Property At 15701 Roscoe Blvd In North Hills
15701 Roscoe Blvd & 15725 Roscoe Blvd
$4,300,000
Building Size
—
Asset Type
Retail
Closing
Sep 1, 2020
AI
The property involved in this transaction is a retail asset located at 15701 Roscoe Blvd in North Hills. The transaction took place on 09/01/2020, with a total loan amount of $4,300,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,300,000.00
- Address: 15701 Roscoe Blvd
- Market: North Hills
- Lender: RRA Capital
- Brokers: Jonathan Hakakha - Quantum Capital Partners
This transaction involved key representatives such as Jonathan Hakakha, who represented Quantum Capital Partners in brokering the deal. RRA Capital served as the lender in this closed property transaction.
Players
North Hills 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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93