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First Republic Bank Provides $33.9M Fixed Rate Cross Pooled Cash Out Refinance Loan For 7-Property Industrial Portfolio In Los Angeles

4328 Alcoa Avenue, 28635 Braxton Avenue, 5003 Ontario Mills, 4001 Greystone Drive, 8620 Rochester Avenue, 9210 Rochester Court & 20651 Prism Place
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This Industrial property located in CA received a loan of $33,870,000 over 1 year ago. The brokers of the deal were Marc Schillinger, Max Mraz, Brooke Hinkel, and Keaton Yellin

An industrial portfolio consisting of seven single tenant industrial properties located at 4328 Alcoa Avenue, 28635 Braxton Ave., 5003 Ontario Mills, 4001 Greystone Drive, 8620 Rochester Ave., 9210 Rochester Court, and 20651 Prism Place in Los Angeles has undergone a loan refinance. The total square footage of the portfolio is 294,142.

Summary of transaction details:

This loan refinance was facilitated by First Republic Bank. The brokers involved in the deal were Marc Schillinger, Max Mraz, Brooke Hinkel from JLL, and Keaton Yellin. The loan amount was $33,870,000 with a fixed rate of 3.40% for a 15-year term and a 30-year amortization schedule. It is worth noting that this transaction involved the refinancing of a 7-property industrial portfolio in Southern California.

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Deals
  • Location
    4328 Alcoa Avenue, Los Angeles, California 90058, United States4328 Alcoa Avenue, Los Angeles, California 90058, United States
  • Loan Value
    $33,870,000$33,870,000
  • Asset Type
    IndustrialIndustrial
  • Parties
    4 Brokers, 1 Agency, 1 Lender4 Brokers, 1 Agency, 1 Lender

Agents

Max Mraz

Max Mraz

Deals7
Financed$148.6M

Brooke Hinkel

Brooke Hinkel

Deals6
Financed$171.5M

Marc Schillinger

Marc Schillinger

Deals20
Financed$723.9M

Keaton Yellin

Keaton Yellin

Deals2
Financed$45.8M

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

First Republic Bank

First Republic Bank

Lender
Deals38
Volume$ 64B

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Deal Summary

LOAN IMAGE: Marc Schillinger, Max Mraz, Brooke Hinkel & Keaton Yellin DATE: 07/18/2022 ADDRESS: 4328 Alcoa Avenue, 28635 Braxton Ave., 5003 Ontario Mills, 4001 Greystone Drive, 8620 Rochester Ave., 9210 Rochester Court & 20651 Prism Place MARKET: Los Angeles ASSET TYPE: Industrial (7 Single Tenant Industrial Properties) ~ SF: 294,142 LENDER: First Republic Bank BROKERS: Marc Schillinger (@Smaaackdab), Max Mraz (@Tajmraj), Brooke Hinkel (@Brooke.Hinkel) - JLL (@JLL), Keaton Yellin (@KeatonYellin) LOAN AMOUNT: $33,870,000 LOAN TYPE: Fixed Rate Cross Pooled Cash Out Refinance LOAN TERMS: 3.40% for 15-Year Fixed, 30 Year Amortization NOTE FROM BROKER: 7 Property Industrial Portfolio Refinance in Southern California. 15 year fixed rate loan.

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4328 Alcoa Avenue, 28635 Braxton Avenue, 5003 Ontario Mills, 4001 Greystone Drive, 8620 Rochester Avenue, 9210 Rochester Court & 20651 Prism Place

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