LMF Commercial Provides $23.6 Million Refinance Loan For Retail Asset In Irvine, CA
$23,600,000
$172/SF
Building Size
136,926 SF
Asset Type
Retail
Closing
Oct 7, 2025
AI
The asset involved in the transaction is a retail property located in Irvine, CA, with a square footage of 136,926. The loan amount for this property is $23,600,000, which is part of a refinance deal structured as a CMBS with a 5 Year FTIO loan type.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $23,600,000
- Market: Irvine, CA
- Lender: LMF Commercial
- Loan Type: Refinance
- Loan Terms: CMBS- 5 Year FTIO
The transaction was facilitated by LMF Commercial, acting as the lender in this refinancing deal. The specifics of the individuals involved as representatives for the buyer or seller are not disclosed in the context provided.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.67%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93