Lee Kleinman's Business Finance Capital CDC Provides $5.9M Acquisition Loan For Calabasas Office Building
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This Office property located in CA received a loan of $5,895,000 over 1 year ago. The broker of the deal was Lee Kleinman
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- Location24005 Ventura Boulevard
- Loan Value$5,895,000
- Asset TypeOffice
- Parties1 Broker, 1 Lender
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Deal Summary
LOAN
IMAGE: Lee Kleinman
DATE: 08/15/2022
ADDRESS: 24005 Ventura Blvd. Bldg. A
MARKET: Calabasas, CA
ASSET TYPE: Office ~ SF: 22,046
LENDER: Lee Kleinman (@Busbnkr) - Business Finance Capital CDC
LANDLORD: Danone Simpson
BROKER: Lee Kleinman
LOAN AMOUNT: $5,895,000
LOAN TYPE: Acquisition
LOAN TERMS: This was an 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 will finance 40% as a 2nd mortgage. The building is 22,046 SF situated on a 41,991 SF lot and traded for $6,550,000.
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24005 Ventura Boulevard
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