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JLL Capital Markets Facilitates $84.7M Refinancing Loan For Retail Property In Thousand Oaks

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FINANCED
$84,700,000

California

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Retail456 SF
Financed 12/15/2022
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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 Deals
Retail456 SF
Financed 12/15/2022
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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.

Players

Matt Stewart
12 deals$602M volume
BROKER

LANDLORD

Details

FINANCED
IMAGE: Matt Stewart, Alethia Halamandaris & Chris Jaffe DATE: 12/15/2022 ADDRESS: 165-401 N Moorpark Rd MARKET: Thousand Oaks ASSET TYPE: Retail ~ SF: 456,390 LENDER: TerraCotta Credit Fund, LP LANDLORD: Maxxam Enterprises BROKERS: Matt Stewart, Alethia Halamandaris & Chris Jaffe - JLL Capital Markets (@JLL) LOAN AMOUNT: $84,700,000 LOAN TYPE: Refinancing Loan

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Deal Type
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