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RRA Capital Provides $2.625M Loan For Retail Asset At 6322 6328 Mission Blvd In Philo

Property Image
FINANCED
$2,625,000

California

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Retail141,185 SF
Financed 12/17/2020
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Property Image
FINANCED

RRA Capital Provides $2.625M Loan For Retail Asset At 6322 6328 Mission Blvd In Philo

6322 6328 Mission Blvd.

See Similar Deals
Retail141,185 SF
Financed 12/17/2020
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$18
Total Square Footage:141,185 SF
Transaction Type:Loan

The asset involved in this transaction is a retail property located at 6322 6328 Mission Blvd. in Philo. The transaction was facilitated with a loan amounting to $2,625,000.00.

Summary of transaction details:

The transaction saw Jonathan Hakakha representing the interests of the broker involved. RRA Capital served as the lender in this closed property transaction.

Players

Jonathan Hakakha
Quantum Capital Partners
Jonathan Hakakha
4 deals$25.1M volume
BROKER
RRA Capital
RRA Capital
LENDER

Details

FINANCED
IMAGE: 12/17/2020 ADDRESS: 6322 6328 Mission Blvd. MARKET: Philo ASSET TYPE: Retail BROKERS: Jonathan Hakakha(Quantum Capital Partners) LENDER: RRA Capital LOAN AMOUNT: $2,625,000.00

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$2,625,000.00

Monthly NOI$17,500.00
Monthly Debt Service$16,591.79
Change in Cash Flow$0.00
Refinance Proceeds$0.00