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Business Finance Capital CDC Provides $4.4M Loan For Industrial Property Acquisition In Westlake Village

31111 Via Colinas 201 & 202
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This Industrial property located in CA received a loan of $4,441,250 almost 4 years ago. The brokers of the deal were Janet Gevorgian and Einar Roden

The industrial property located at 31111 Via Colinas 201 & 202 in Westlake Village recently underwent a closed transaction. The property was purchased by an owner user through the SBA 504 loan program. The bank financed 45% of the project as a first mortgage, while the SBA provided 40% financing as a second mortgage. The total transaction amount for the property was $5,225,000, with a loan amount of $4,441,250.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $5,225,000
  • Loan Amount: $4,441,250
  • Address: 31111 Via Colinas 201 & 202
  • Market: Westlake Village

Lee Kleinman from Business Finance Capital CDC acted as the lender in this transaction. Einar Roden and Janet Gevorgian represented the parties involved as brokers.

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Deals
  • Location
    31111 Via Colinas, Westlake Village, CA 9136231111 Via Colinas, Westlake Village, CA 91362
  • Loan Value
    $4,441,250$4,441,250
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency, 1 Lender2 Brokers, 1 Agency, 1 Lender

Agents

Janet Gevorgian

Janet Gevorgian

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Financed$4.4M

Agency

Marcus & Millichap

Marcus & Millichap

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Volume$66B

Business Finance Capital

Business Finance Capital

Lender
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Volume$ 2.4B

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Deal Summary

LOAN IMAGE: Lee Kleinman, Einar Roden & Janet Gevorgian DATE: 05/27/2021 ADDRESS: 31111 Via Colinas 201 & 202 MARKET: Westlake Village ASSET TYPE: Industrial LENDER: Business Finance Capital CDC - Lee Kleinman @Busbnkr BROKERS: Einar Roden & Janet Gevorgian @JG_images LOAN AMOUNT: $4,441,250 TERM: This was an owner user purchase through the SBA 504 loan program. 45% of the project was financed by the bank as a 1st mortgage and the SBA will finance 40% as a second mortgage. The property traded for $5,225,000.

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31111 Via Colinas 201 & 202

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