FINANCED
First Republic Bank Provides $22.65M Refinance Loan For Mixed-Use Properties In Southern California
312 Rosecrans Avenue
66,860 SF
Financed 1 year ago
Summary
Loan
CALIFORNIA
66,860 sqft
The recently closed transaction in Southern California involved a mixed-use property spanning approximately 66,860 square feet. The property is located at 312 Rosecrans Ave., 18971 Ventura Blvd., 1701 Colorado Ave., and 6821 Balboa Blvd. The transaction was a refinancing deal.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $22,650,000
- Lender: First Republic Bank
- Brokers: Jonathan Aghravi, Tim Cox, Eli Terry - JBA Equities LLC
- Loan Type: Refinance
- Loan Terms: 3.6%, 5 Years Interest-Only
The deal was facilitated by JBA Equities LLC, represented by brokers Jonathan Aghravi, Tim Cox, and Eli Terry. First Republic Bank provided the loan for the refinancing, amounting to $22,650,000 at a 3.6% interest rate. The loan terms included 5 years of interest-only payments.
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Details
FINANCED
IMAGE: Jonathan Aghravi, Tim Cox & Eli Terry
DATE: 07/14/2022
ADDRESS: 312 Rosecrans Ave., 18971 Ventura Blvd., 1701 Colorado Ave. & 6821 Balboa Blvd.
MARKET: Southern California
ASSET TYPE: Mixed-use ~ SF: 66,860
LENDER: First Republic Bank
BROKERS: Jonathan Aghravi (@JonnyAghravi), Tim Cox (@TimmyCox22) & Eli Terry (@Mc_EYT) - JBA Equities LLC (@JBAEquitiesLLC)
LOAN AMOUNT: $22,650,000
LOAN TYPE: Refinance
LOAN TERMS: 3.6%, 5 Years Interest-OnlyView on map
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Address312 Rosecrans Avenue
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