JLL Brokers $85M LoanCore Capital Loan For LAX Portfolio | 5901 West Century Boulevard 5933 West Century Boulevard 5959 West Century Boulevard 6151 West Century Boulevard, 5940 West 98th Street, 5960 West 98th Street, 6144 West 98th Street, 9801 Airport Boulevard | LoanCore Capital | Steven Paskover, Robert (Bob) Tonnessen, Michael Gigliotti, Rob Hinckley | Other | Loan

Summary

Loan

CALIFORNIA

Other

556,161 sqft

The property involved in this closed transaction is located at 5901 West Century Blvd, 5933 West Century Blvd, 5959 West Century Blvd, 6151 West Century Blvd, 5940 West 98th Street, 5960 West 98th Street, 6144 West 98th Street, and 9801 Airport Blvd in the LAX market. The asset type is identified as Other. The property has a total square footage of 556,161.

Summary of transation details

Property Type: Other
Transaction Amount: $85,000,000
Loan Amount: $85,000,000
Landlord: Cofinance Group, KOAR International LLC

The lenders for this transaction are LoanCore Capital represented by Brendan McNally, and the brokers involved are Bob Tonnessen, Rob Hinckley, Michael Gigliotti, and Steven Paskover from JLL. The loan amount for this transaction is $85,000,000. The property is owned by Cofinance Group and KOAR International LLC.

Note: This transaction involves Leased Fee Portfolio Financing.

Players

All
6

Agents
4
Agencies
1
Lenders
1

Steven Paskover

Director

$193M Sold

Robert (Bob) Tonnessen

Director

Michael Gigliotti

Senior Managing Director, New York Office Co-Head

$5.2B Sold

Details

Deal Summary

FINANCED

IMAGE: Bob Tonnessen, Rob Hinckley, Michael Gigliotti, Mark Winter-Gitelson, Steven Paskover & Brendan McNally DATE: 08/28/2019 ADDRESS: 5901 West Century Blvd, 5933 West Century Blvd, 5959 West Century Blvd, 6151 West Century Blvd, 5940 West 98th Street, 5960 West 98th Street, 6144 West 98th Street, 9801 Airport Blvd MARKET: LAX ASSET TYPE: Other LENDER: LoanCore Capital - Brendan McNally LANDLORD: Cofinance Group (@OldManWinterr), KOAR International LLC BROKERS: Bob Tonnessen, Rob Hinckley, Michael Gigliotti, Steven Paskover - JLL LOAN AMOUNT: $85,000,000 SF: 556,161 NOTES: Leased Fee Portfolio Financing.

View on map

Address5901 West Century Boulevard 5933 West Century Boulevard 5959 West Century Boulevard 6151 West Century Boulevard, 5940 West 98th Street, 5960 West 98th Street, 6144 West 98th Street, 9801 Airport Boulevard

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want