Gregory K. Kavoklis And Don Aynesazan Secure $5.87M Refinance Loan For Midwest Industrial Asset
$5,870,000
$183/SF
Building Size
32,000 SF
Asset Type
Industrial
Closing
Apr 30, 2026
AI
The asset involved in this transaction is an industrial property located in the Midwest Region with a total square footage of 32,000. The loan amount secured for this property is $5,870,000, categorized as a refinance with fixed loan terms.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,870,000
- Loan Type: Refinance
- Loan Terms: Fixed
- Market: Midwest Region
- Asset Size: 32,000 SF
- Broking Agency: Matthews
- Representatives: Gregory K. Kavoklis & Don Aynesazan
The key individuals in this deal include Gregory K. Kavoklis, reachable at 805.630.8143, and Don Aynesazan, who can be contacted at 213.663.3382. Both brokers represent the client in the transaction through their agency, Matthews.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.70%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93