$4,000,000Van Nuys, CA
- CASH-OUT REFINANCE
- RATE: 3.875% FIXED
- TERM: 5 YEARS
- LTV: 50.0%
- PREPAYMENT: NONE
- GUARANTY: FULL-RECOURSE
MBP closed on a cash-out refinance for a commercial office in Van Nuys, CA. The cash-out proceeds will allow the owner to further invest in rehabilitating other assets in the local market and furthering the family’s long history of operating commercial space in the Van Nuys area. Tenants include the owner’s management company, Bank of America, and several medical practices.
MBP specializes in debt and equity placement for all asset classes. Our extensive network of unique capital sources in development and permanent financing and extensive capital markets knowledge allows us to tackle a wide variety of transactions, regardless of complexity or size, to benefit our clients.
MBP has a team of dedicated and experienced finance professionals with you at every step. We are consistently improving and expanding our capital market relationships and are committed to exceeding our client's expectations through these relationships, innovative solutions, and outstanding work ethic.
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Work with us to see what our talented team, vast network of debt and equity providers, and capital markets expertise can do for you.