Harbor Camels, LLC Obtains $3.02M Loan For Development Site In San Pedro | 111 North Harbor Boulevard | Salar Royaei | Development Site | Loan

Summary

Loan

CALIFORNIA

Development Site

29,847 sqft

Harbor Camels, LLC has secured a $3,020,000 loan for a development site located at 111 North Harbor Blvd in San Pedro. The loan, provided by Salar Royaei, has a term of 1 year. The property spans 29,847 square feet and the financing represents 77.5% of the loan-to-purchase price ratio.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $3,020,000
Address: 111 North Harbor Blvd, San Pedro
Market: San Pedro
Lender/Broker: Salar Royaei

Salar Royaei, representing the lender, played a key role in facilitating this transaction for Harbor Camels, LLC. The loan provides the necessary capital for the development site, allowing for potential future growth and development in the area.

Players

All
1

Agents
1

Salar Royaei

Senior Vice President

Details

Deal Summary

FINANCED

IMAGE: Salar Royaei @SalarRoyaei DATE: 04/11/2019 ADDRESS: 111 North Harbor Blvd MARKET: San Pedro ASSET TYPE: Development Site LANDLORD: Harbor Camels, LLC LENDER/ BROKER: Salar Royaei LOAN AMOUNT: $3,020,000 LOAN TERMS: 1-year SF: 29,847 NOTES: 77.5% LTPP Financing

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Address111 North Harbor Boulevard

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