Deutsche Bank Provides $150M Refinance Loan For Mixed-Use Property In Downtown LA

The mixed-use property located at 1933 South Broadway in Downtown LA has undergone a refinancing transaction. The loan, valued at $150,000,000, was secured from Deutsche Bank. The ten-year loan terms are interest-only.

Summary of Transaction Details:

• Property Type: Mixed-use
• Transaction Amount: $150,000,000
• Loan Type: Refinance
• Loan Terms: 10-year, interest-only

As part of this loan refinance, the property's landlord, Ara Tavitian of Kanon Ventures, played a crucial role. Their representation in the deal ensures the smooth execution of the refinancing process.