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21221 Hawthorne Boulevard

David Jordon Of SSV Properties Secures $39M Loan From PPM America For Retail Asset In Torrance
FINANCEDRetail

David Jordon Of SSV Properties Secures $39M Loan From PPM America For Retail Asset In Torrance

21221 Hawthorne Boulevard

$39,000,000

Building Size

Asset Type

Retail

Closing

Dec 18, 2025

AI

The transaction involves a retail asset located at 21221 Hawthorne Boulevard in Torrance, comprising an acquisition loan amount of $39,000,000. The asset type reflects its classification within the retail sector, and it is situated in a competitive market environment relevant to the property. The lender for this transaction is PPM America.

Summary of transaction details:

The individuals involved in facilitating this transaction include brokers Jeff Sause, Alex Olson, Lauren Sackler, and Danny Ryan, representing the landlord David Jordon of SSV Properties in the deal. Their collective expertise is instrumental in navigating the complexities of this acquisition financing process.

Players

Jeff Sause

JLL

Broker

$1.6B

vol

33 deals

Broker
JLL
JLLBrokerage
PPM America
PPM AmericaLender

Torrance Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.41%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93