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JLL Brokers $85M LoanCore Capital Loan For LAX Portfolio

5901 West Century Boulevard 5933 West Century Boulevard 5959 West Century Boulevard 6151 West Century Boulevard, 5940 West 98th Street, 5960 West 98th Street, 6144 West 98th Street, 9801 Airport Boulevard
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This Other property located in CA received a loan of $85,000,000 over 4 years ago. The brokers of the deal were Steven Paskover, Rob Hinckley, Michael Gigliotti, and Robert (Bob) Tonnessen

The property involved in this closed transaction is located at 5901 West Century Blvd, 5933 West Century Blvd, 5959 West Century Blvd, 6151 West Century Blvd, 5940 West 98th Street, 5960 West 98th Street, 6144 West 98th Street, and 9801 Airport Blvd in the LAX market. The asset type is identified as Other. The property has a total square footage of 556,161.

Summary of transation details

  • Property Type: Other
  • Transaction Amount: $85,000,000
  • Loan Amount: $85,000,000
  • Landlord: Cofinance Group, KOAR International LLC

The lenders for this transaction are LoanCore Capital represented by Brendan McNally, and the brokers involved are Bob Tonnessen, Rob Hinckley, Michael Gigliotti, and Steven Paskover from JLL. The loan amount for this transaction is $85,000,000. The property is owned by Cofinance Group and KOAR International LLC.

Note: This transaction involves Leased Fee Portfolio Financing.

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Deals
  • Location
    5901 W Century Blvd, Los Angeles, CA, USA5901 W Century Blvd, Los Angeles, CA, USA
  • Loan Value
    $85,000,000$85,000,000
  • Asset Type
    OtherOther
  • Parties
    4 Brokers, 1 Agency, 1 Lender4 Brokers, 1 Agency, 1 Lender

Agents

Steven Paskover

Steven Paskover

Deals3
Financed$245M

Michael Gigliotti

Michael Gigliotti

Deals13
Financed$2.2B

Rob Hinckley

Rob Hinckley

Deals51
Financed$5.2B

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

LoanCore Capital

LoanCore Capital

Lender
Deals6
Volume$ 95.6B

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Deal Summary

LOAN IMAGE: Bob Tonnessen, Rob Hinckley, Michael Gigliotti, Mark Winter-Gitelson, Steven Paskover & Brendan McNally DATE: 08/28/2019 ADDRESS: 5901 West Century Blvd, 5933 West Century Blvd, 5959 West Century Blvd, 6151 West Century Blvd, 5940 West 98th Street, 5960 West 98th Street, 6144 West 98th Street, 9801 Airport Blvd MARKET: LAX ASSET TYPE: Other LENDER: LoanCore Capital - Brendan McNally LANDLORD: Cofinance Group (@OldManWinterr), KOAR International LLC BROKERS: Bob Tonnessen, Rob Hinckley, Michael Gigliotti, Steven Paskover - JLL LOAN AMOUNT: $85,000,000 SF: 556,161 NOTES: Leased Fee Portfolio Financing.

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5901 West Century Boulevard 5933 West Century Boulevard 5959 West Century Boulevard 6151 West Century Boulevard, 5940 West 98th Street, 5960 West 98th Street, 6144 West 98th Street, 9801 Airport Boulevard

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