JLL Capital Markets Facilitates $84.7M Refinancing Loan For Retail Property In Thousand Oaks
FINANCED
$84,700,000
California
See Similar DealsRetail456 SF
Financed 12/15/2022
FINANCED
JLL Capital Markets Facilitates $84.7M Refinancing Loan For Retail Property In Thousand Oaks
165 North Moorpark Road, Thousand Oaks, California 91360, United States
See Similar DealsRetail456 SF
Financed 12/15/2022
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$185,745
Total Square Footage:456 SF
Transaction Type:Loan
The retail property located at 165-401 N Moorpark Rd in Thousand Oaks has undergone a refinancing loan transaction. The property spans a total of 456,390 square feet and is owned by Maxxam Enterprises.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $84,700,000
The loan for this transaction was provided by TerraCotta Credit Fund, LP. The brokers involved in the deal were Matt Stewart, Alethia Halamandaris, and Chris Jaffe from JLL Capital Markets.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$84,700,000.00
Monthly NOI$564,666.67
Monthly Debt Service$535,361.62
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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