BEB Lending Refinances 470K SF Industrial Property In Sunnyvale
101 Clay Road
Building Size
470,000 SF
Asset Type
Industrial
Closing
Aug 19, 2022
AI
The industrial property located at 101 Clay Rd in Sunnyvale has been involved in a loan transaction. The property spans a total area of 470,000 square feet.
Summary of transaction details
- Property Type: Industrial
- Loan Type: Refinance
- Lender: BEB Lending - Lee Brodsky, Keyvan Ghaytanchi, & Sean Silverbrook
- Brokers: Michael Lohan & Andrew Vecchio (AJVec) - Nineteen Blocks
BEB Lending, represented by Lee Brodsky, Keyvan Ghaytanchi, and Sean Silverbrook, provided the refinancing loan for the industrial property at 101 Clay Rd in Sunnyvale. The transaction was facilitated by brokers Michael Lohan and Andrew Vecchio from Nineteen Blocks.
Players
Sunnyvale 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93