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Meridian Capital Group Secures $6.1M Retail Refinance Loan In Los Angeles & Alhambra, CA

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FINANCED
$6,100,000

California

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Retail
Financed 11/15/2022
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FINANCED

Meridian Capital Group Secures $6.1M Retail Refinance Loan In Los Angeles & Alhambra, CA

7800 West Sunset Boulevard

See Similar Deals
Retail
Financed 11/15/2022
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Summary

CALIFORNIA
Asset Type:Retail
Transaction Type:Loan

The retail property located at 7800 W Sunset Blvd, 466 N La Brea Blvd, and 444 E Valley Blvd in Los Angeles and Alhambra, CA has been involved in a closed transaction. The loan amount for the deal was $6,100,000, and the loan terms included a fixed rate of 5.65% for 5 years, with full term interest-only payments. The loan was of the refinance type.

Summary of transaction details

The Meridian Capital Group represented the deal as brokers, with Don Aynesazan, David Oheb, and Dorian Aftalion leading the transaction. They can be contacted for more information at the following:

Players

David Oheb
77 deals$821.5M volume(212) 612-0193
BROKER

Don Aynesazan
Matthews
9 deals$55M volume(213) 663-3382
BROKER

Dorian Aftalion
Meridian Capital Group
25 deals$219.4M volume(310) 867-2304
BROKER

Details

FINANCED
IMAGE: Don Aynesazan, David Oheb & Dorian Aftalion DATE: 11/15/2022 ADDRESS: 7800 W Sunset Blvd, 466 N La Brea Blvd & 444 E Valley Blvd MARKET: Los Angeles & Alhambra, CA ASSET TYPE: Retail LENDER: Wouldn't You Like To Know šŸ˜‰ BROKERS: Don Aynesazan (@Don_Aynesazan), David Oheb (@TeamOheb) & Dorian Aftalion (@DorianAftalion) - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $6,100,000 LOAN TERMS: 5 years fixed at 5.65%, Full Term Interest Only Payments LOAN TYPE: Refinance NOTE FROM BROKER: For more information on how Meridian can add value to your portfolio please contact: • Don Aynesazan | 310-867-2312 | [email protected] • David Oheb | 212-612-0193 | [email protected] • Dorian Aftalion | 310-867-2304 | [email protected]

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$6,100,000.00

Monthly NOI$40,666.67
Monthly Debt Service$38,556.15
Change in Cash Flow$0.00
Refinance Proceeds$0.00