David Jordon Of SSV Properties Secures $39M Loan From PPM America For Retail Asset In Torrance
FINANCED
$39,000,000
+ 1
California
See Similar DealsRetail
Financed 12/18/2025
FINANCED
David Jordon Of SSV Properties Secures $39M Loan From PPM America For Retail Asset In Torrance
21221 Hawthorne Boulevard
See Similar DealsRetail
Financed 12/18/2025
+ 1
Summary
CALIFORNIA
Asset Type:Retail
Transaction Type:Loan
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:
- Property Type: Retail
- Transaction Amount: $39,000,000
- Lender: PPM America
- Landlord: David Jordon - SSV Properties
- Brokers: Jeff Sause, Alex Olson, Lauren Sackler & Danny Ryan - JLL
- Loan Type: Acquisition
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.
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LENDER
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$39,000,000.00
Monthly NOI$260,000.00
Monthly Debt Service$246,506.53
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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