Matt Shane Of SF Capital Group Arranges $56.25M Loan For Southern California Retail And Office Portfolio
$56,250,000
$152/SF
Building Size
368,000 SF
Asset Type
Retail
Closing
May 9, 2025
About this deal
AI
A mixed-use retail and office portfolio consisting of 368,000 square feet is located in Southern California. The total loan amount secured for this transaction is $56,250,000, arranged through SF Capital Group's exclusive correspondent program, showcasing lender confidence in the current office market.
Summary of transaction details:
- Property Type: Retail & Office
- Transaction Amount: $56,250,000
- Address: Retail & Office Portfolio
- Market: Southern California
- Asset Size: 368,000 SF
- Broker: Matt Shane - SF Capital Group
Matt Shane from SF Capital Group played a crucial role in arranging the financing for this transaction, highlighting the involvement of a life insurance company in the deal. The arrangement reinforces the perspective of lenders amidst the current challenges in the office market.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Deal FAQ
Visit Matt Shane to view all their deals.
Browse this market retail loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93