$7,600,000 Office Building
February 15, 2025
Cash-out refinance of 40,000 sq ft commercial office building
La Verne, CA
Deal Size
$7,600,000
Rate
9.25%
LTV
70%
Term
12 Months
Shawbrook Capital is pleased to announce the successful closing of a $7.6MM cash-out refinance of a 40,000 sq ft commercial office building located in La Verne, CA. The property is fully operational as an industrial space for manufacturing high-tech electronics and generates approximately $31,500 in monthly gross rent. Shawbrook Capital structured a 50% LTV execution retiring existing first and junior liens and returning capital to the Sponsor — all closed in less than 3 weeks.