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5096 Llano Drive, Woodland ...

Updated Oct 29, 2024

Shatar Capital Inc. Provides $2.1M Bridge Loan For Woodland Hills Single-Family Property
FINANCEDSingle Family Residence

Shatar Capital Inc. Provides $2.1M Bridge Loan For Woodland Hills Single-Family Property

5096 Llano Drive, Woodland Hills, CA 91364, USA

$2,100,000

$381/SF

Building Size

5,500 SF

Asset Type

Single Family Residence

Closing

Apr 29, 2019

About this deal

AI

Located in Woodland Hills, the property at 5096 Llano Dr recently underwent a closed transaction. This single-family home, with a loan amount of $2.1 million, was acquired through a 12-month bridge loan provided by Shatar Capital Inc. The loan was secured within a 2-day closing timeframe, showcasing the efficiency of the deal. The loan terms allowed for the utilization of additional collateral, which provided higher leverage for the acquisition financing. Representing the buyer in this transaction was @DanielNamvar from the brokerage firm.

Summary of transaction details:

  • Property Type: Singlefamily
  • Transaction Amount: $2.1M
  • Loan Terms: 12-month bridge loan
  • Lender: Shatar Capital Inc.
  • Broker: @DanielNamvar

The successful completion of this real estate deal highlights the strategic collaboration between the lender, Shatar Capital Inc., and the buyer's representative, @DanielNamvar. Through their expertise, the buyer was able to secure 100% acquisition financing, thanks to the implementation of additional collateral that allowed for higher leverage. This transaction underscores the importance of experienced professionals who can navigate the complexities of real estate financing.

Players

Shatar Capital
Shatar CapitalLender

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

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Deal FAQ

About $381 per square foot on a published $2.1M for 5,500 square feet (2019).

Browse Los Angeles single family residence loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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