Cathay Bank Provides $7.5M Construction Loan For Retail Property In Whittier | 13541 Telegraph Road | Cathay Bank | Stefen Chraghchian, Sharone Sabar | Retail | Loan

Summary

Loan

CALIFORNIA

Retail

150,282 sqft

The retail property located at 13541 Telegraph Rd in Whittier was involved in a recent closed transaction. The property spans a total of 150,282 square feet.

Summary of transaction details

Property Type: Retail
Transaction Amount: $7,500,000
Market: Whittier

The lender in this transaction was Cathay Bank. The loan obtained for this deal amounted to $7,500,000 and was of the construction type. Marcus & Millichap Capital Corporation represented the two brokers involved in the deal, Stefen Chraghchian and Sharone Sabar.

Players

All
4

Agents
2
Agencies
1
Lenders
1

Stefen Chraghchian

Senior Director

Sharone Sabar

Senior Managing Director

Marcus & Millichap

Cathay Bank

Details

Deal Summary

FINANCED

IMAGE: Stefen Chraghchian & Sharone Sabar DATE: 05/03/2022 ADDRESS: 13541 Telegraph Rd. MARKET: Whittier ASSET TYPE: Retail ~ SF: 150,282 LENDER: Cathay Bank BROKERS: Stefen Chraghchian (@Stefen_Chra) & Sharone Sabar - Marcus & Millichap Capital Corporation LOAN AMOUNT: $7,500,000 LOAN TYPE: Construction

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Address13541 Telegraph Road

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