Yuval Chiprut Secures $16.6M Acquisition And Renovation Loan For Pasadena Retail Property
FINANCED
$16,600,000
California
See Similar DealsRetail41,088 SF
Financed 10/29/2021
FINANCED
Yuval Chiprut Secures $16.6M Acquisition And Renovation Loan For Pasadena Retail Property
475 South Lake Avenue, Pasadena, CA 91101, USA
See Similar DealsRetail41,088 SF
Financed 10/29/2021
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$404
Total Square Footage:41,088 SF
Transaction Type:Loan
The property asset involved in this transaction is a retail space located at 475 South Lake Avenue, Pasadena, encompassing a total area of 41,088 square feet. The acquisition and renovation loan for this property amounted to $16,600,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $16,600,000
- Address: 475 South Lake Avenue
- Market: Pasadena
- Asset Size: 41,088 SF
- Lender: UBS
- Landlord: Yuval Chiprut
- Brokers: Jordan Ray - Lexington Henn & Steven Buchwald - Mission Capital
- Loan Type: Acquisition and Renovation Loan
The deal involved notable individuals and companies, with representation by brokers Jordan Ray and Lexington Henn from Lexington Henn & Steven Buchwald from Mission Capital, acting on behalf of the landlord Yuval Chiprut during the transaction.
Players
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$16,600,000.00
Monthly NOI$110,666.67
Monthly Debt Service$104,923.29
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions