800 South Barranca

Location: Covina, CA
Type: Office
Price: $14,500,000

SMC provided a $14,500,000 loan to facilitate the buyout of the existing JV partner and refinance the existing debt on the Property. The loan was structured with a 10 year term, with 36 months of interest only payments. The Property is a 97% occupied, Class A office building located at 800 South Barranca, Covina, CA 91723. The Property was constructed in 1981.