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The Century Plaza, 2025 Ave...

Updated Oct 29, 2024

Woodridge Capital Secures $275M Loan For Mixed-Use Asset On Avenue Of The Stars, Century City
FINANCEDMixed-use

Woodridge Capital Secures $275M Loan For Mixed-Use Asset On Avenue Of The Stars, Century City

The Century Plaza, 2025 Avenue Of The Stars, Los Angeles, Ca 90067, Usa

$275,000,000

$112,244/SF

Building Size

2,450 SF

Asset Type

Mixed-use

Closing

Sep 13, 2020

About this deal

AI

The mixed-use property at 2025 Avenue of the Stars in Century City has recently undergone a transaction. The loan for this transaction was provided by David & Simon Reuben, while the landlord of the property is Woodridge Capital, represented by Michael Rosenfeld. The loan amount for this transaction was $275,000,000, and the property consists of 331 units.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $275,000,000
  • Lender: David & Simon Reuben
  • Landlord: Woodridge Capital - Michael Rosenfeld
  • Address: 2025 Avenue of the Stars, Century City
  • Market: Century City
  • Units: 331

The transaction involved key individuals such as David & Simon Reuben, who acted as the lenders, and Michael Rosenfeld, who represented Woodridge Capital as the landlord. This deal highlights the successful partnership between these parties in the Century City market.

On the Map

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$275,000,000

$112,244/SF

Mixed-use

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Players

WC
Woodridge CapitalLandlord
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Los Angeles Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Deal FAQ

About $112.2K per square foot on a published $275M for 2,450 square feet (2020).

Browse New York mixed use loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.06%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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