FINANCED
Lee Kleinman's Business Finance Capital CDC Provides $6.9M Loan For Calabasas Office Building [IMAGE]
4766 Park Granada
Office
23,328 SF
23,328 SF
Summary
Loan
CALIFORNIA
Office
23,328 sqft
The office property at 4766 Park Granada in Calabasas has recently undergone a closed transaction. The property was purchased for $7,150,000 along with $500,000 in financed tenant improvements. The buyer acquired the property as an owner user through the SBA 504 loan program. The bank provided a first mortgage financing 50% of the project, while the SBA funded 40% as a second mortgage. The total loan amount secured for this transaction was $6,885,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $7,150,000
The loan for this transaction was provided by Lee Kleinman, representing Business Finance Capital CDC. The broker involved in this deal was Brian Mallasch from Coldwell Banker Commercial, acting as the buyer's representative.
Read LessPlayers
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Lee Kleinman
DATE: 05/19/2021
ADDRESS: 4766 Park Granada
MARKET: Calabasas
ASSET TYPE: Office
LENDER: Lee Kleinman @BusBnkr - Business Finance Capital CDC
BROKER: Brian Mallasch @MallaschEstate - Coldwell Banker Commercial
LOAN AMOUNT: $6,885,000
LOAN TERMS: Owner user purchase through the SBA 504 loan program. 50% of the project was financed by the bank as a 1st mortgage and the SBA financed 40% as a second mortgage. The property traded for $7,150,000 along with $500,000 in financed tenant improvements.View on map
Loading...
Address4766 Park Granada
Contact
Get in touch with the broker you want
Comparables
Reset filters to show results.