IBorrow Provides $15M Refinancing Loan For Retail Property In Santa Clarita, CA
23329 Lyons Avenue, Santa Clarita, California 91355, United States
$15,000,000
$150,000/SF
Building Size
100 SF
Asset Type
Retail
Closing
Nov 11, 2022
AI
Located at 23329-23449 Lyons Ave in Santa Clarita, CA, this retail property spans approximately 100,000 square feet. The property recently underwent a refinancing loan transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $15,000,000
- Lender: iBorrow - Brian Good
- Date: 11/11/2022
The refinancing loan was facilitated by Brian Good from iBorrow. No additional details about the transaction are available at this time.
Players
Valencia 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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93