Gantry Secures $7.6M Refinance Loan For Nova Storage Facility In Gardena California

The Nova Storage facility, located at 13129 South Figueroa Street in Los Angeles, is a self-storage property featuring 638 units spread across 51,830 square feet. The facility has undergone a refinance transaction amounting to $7,600,000.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $7,600,000
• Units: 638
• Square Footage: 51,830
• Address: 13129 South Figueroa Street
• Market: Los Angeles
• Loan Amount: $7,600,000
• Loan Type: Refinance
• Loan Terms: 7-year fixed rate with 30-year amortization

The transaction was facilitated by Gantry, with brokers Amit Tyagi, Andy Bratt, and Sean Kuang representing a repeat private investor in securing a permanent loan from a life insurance company lender.