First Financial Capital Provides $3.72M Acquisition Loan For Retail Property In Long Beach

The asset involved in this transaction is a retail property located at 8090 East Wardlow Road in Long Beach, comprising a total square footage of 32,856. The acquisition loan amounts to $3,720,000 with loan terms outlined as 100% Loan-to-Value, no prepayment penalty, and interest-only payments.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,720,000
• Loan Type: Acquisition
• Loan Terms: 100% LTV, No Prepayment Penalty, Interest Only
• Lender: First Financial Capital - Faraz Ghadooshahy
• Landlord: Mohammed Mohammed

The key individuals involved in this transaction include Faraz Ghadooshahy, representing First Financial Capital, who facilitated the loan, and the landlord Mohammed Mohammed, who holds the property in question. Their roles are crucial in advancing this acquisition deal within the retail sector.