Refinancing for California Commercial Property for $35 Mil

Los Angeles, California – Commercial Loans news is from the exciting area of Southern California. Investment Property financing is available for many of the Apartment Buildings, Triple Net Lease Properties and Retail Shopping Centers in Southern California. A Los Angeles area Retail Shopping Center recently received a substantial Commercial Loan. This Commercial Loan collateral is located in Hawthorne, California. Hawthorne is a well known city in southwestern Los Angeles County. The commercial loan collateral is the Oceangate Commerce Center.

Commercial Mortgage Lenders secured capital to finance a $35 million Commercial Loan. The commercial loan collateral, Oceangate Commerce Center is approximately 182,699 square-feet. Refinancing for this California NNN Commercial Real Estate development was put together in a fairly short time frame.

The Commercial Loan collateral for this refinancing is owned by The Arba Group. Commercial Mortgage Lenders worked to put together this Commercial Loan with a 15-year term. This Commercial Loan has a 30 year amortization schedule and is going to be serviced by the Commercial Mortgage Lenders who represented the Borrower.

This Commercial Loan collateral is situated at the intersection of Rosecrans Boulevard and Interstate 45. This refinanced Retail Shopping Center is also close to the Los Angeles International Airport and the busy Century City. This Commercial Loan collateral will have the benefit of some premier net lease properties Tenants to help make payments on the new Commercial Mortgage. These net leased property tenants include Food 4 Less, Ross, Sportsmart, Michaels, Payless Shoe Source, Starbucks Coffee and Verizon. This California Commercial Loan collateral was constructed in 1996. Also nearby net lease property Tenants are a Pizza Hut and Del Taco.

Oceangate Commerce Center is positioned in a well traveled retail shopping district. This commercial loan collateral is part of a much larger retail shopping center. This Commercial Loan collateral is shadow-anchored by additional prime net lease properties Tenants such as Home Depot, Best Buy, and many more Tenants.

The receivers of this Commercial Loan is The Arba Group. The Commercial Loan signors, The Arba Group, are a major commercial real estate and retail shopping center development firm. This firm is based in Los Angeles, California, and they know how to take advantage of Net Lease Funding to continue to grow.

The Commercial Loan signors, The Arba Group, focus primarily on Investment Properties in this tremendous Los Angeles, California area. The Arba Group has control of an Investment Property portfolio that consists of approximately 1.29 million square feet. Investment Property financing is accessible for institutional quality NNN Commercial Real Estate. The Arba Group has an Office headquartered on the exclusive Wilshire Boulevard in Los Angeles, California.

If you are seeking to buy investment property, especially in the areas listed below, then fill out our easy Commercial Loan Form  We have Commercial Loans for 1031 Exchange financing also.

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