JLL Capital Markets Secures $68.9M Loan For Costa Mesa & Fullerton Retail Property
Fullerton, California, United States
$68,900,000
Building Size
—
Asset Type
Retail
Closing
Jun 27, 2022
AI
In a recent closed property transaction, a retail asset located in Costa Mesa & Fullerton was involved. The loan for this transaction was facilitated by Greg Brown, John Marshall, and Jordan Leake from JLL Capital Markets.
Summary of transaction details
- Property Type: Retail
- Loan Amount: $68,900,000
- Loan Terms: 10-year, fixed-rate
- Market: Costa Mesa & Fullerton
This deal highlights the expertise and involvement of Greg Brown, John Marshall, and Jordan Leake from JLL Capital Markets in securing the $68,900,000 loan for the retail property located in Costa Mesa & Fullerton.
Players
Fullerton 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
0.23%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93