Plaza Encantada

Address: 2802 - 2810 North Alvernon Way Tucson, AZ 85712
Asset Value: $$1.3M
Investment Highlights: Plaza Encantada Professional Medical Office Center
Type: Multi-Tenant Medical Office
Acquisition Date: November, 2018
Debt Structure: 60% LTV, 1.81 DCR

North 83rd & Camelback

Address: 4840 N. 83rd Avenue, Phoenix AZ 85037
Description: Multi-Tenant Building in Walgreens & Grocery Anchored Center
Asset Value: $2M Present Value
Investment Highlights: 15% Cash on Cash Return
Acquisition Date: January, 2016
Debt Structure: 60% LTV, 1.87 DCR

Vista Del Mar Shopping Center

Address: 15501 San Pablo Avenue, Richmond, CA
Description: Vista Del Mar Shopping Center
Asset Value: $2.95M PP, Present Value: $5M
Investment Highlights: 14% Cash on Cash Return, Raised from 60% Occupancy to 90%
Acquisition Date: January, 2014
Debt Structure: 60% LTV, 1.87 DCR

NORTHWOOD PLACE APARTMENTS

Address: 3401 Shawnee Dr., Modesto, CA 95350
Description: Northwood Place Apartments
Asset Value: $5,500,000
Investment Highlights: 53 Unit Apartment Community, 97% Occupancy
Acquisition Date: September, 2005
Debt Structure: Bank Loan/ Buyer Contribution

WESTSIDE LA GROUND LEASE

Address: Olympic Blvd., Los Angeles, CA
Description: Various properties.
Asset Value: $4.5M value upon stabilization. No acquisition cost.
Investment Highlights: Acquired rights to install electronic signage with freeway visibility. Annual cash flow $350k upon stabilization.
Acquisition Date: March, 2019
Debt Structure: None

525 Santa Monica Blvd.

Address: 525 Santa Monica Blvd., Santa Monica, CA 90401
Description: Mixed use building in the heart of downtown Santa Monica. Upscale ground floor retail spaces sit beneath 40 luxury apartment units. Situated 5 blocks from the ocean.
Asset Value: $55M
Investment Highlights: Redeveloped 1-story building into 5-story luxury mixed-use retail & multifamily; increased value from $9M to $55M
Asset Highlights: Mixed Use Retail/ Multifamily Building
Type: Trust Portfolio Asset
Acquisition Date: July, 2012
Debt Structure: Construction Loan replaced with CMBS loan

1149 3rd Street

Address: 1149 3rd St. Santa Monica, CA 90401
Description: Mixed use retail/office building in downtown Santa Monica. Upscale ground floor retail cafe beneath two floors of creative office and penthouse suites. Situated 3 blocks from the ocean.
Asset Value: $12M
Asset Highlights: Upscale mixed use retail/office building.
Type: Trust Portfolio Asset
Acquisition Date: February, 2002
Debt Structure: $2.5M 10yr. fixed rate money

116 Santa Monica Blvd.

Address: 116 Santa Monica Blvd., Santa Monica, CA 90401
Description: Ye Olde King’s Head, British Pub, Restaurant and Gift Shoppe. Located on the corner of 2nd Street and Santa Monica Blvd. in the heart of downtown Santa Monica just one block from the ocean.
Asset Value: $10M
Asset Highlights: Asset house local landmark Pub since 1970’s
Type: Trust Portfolio Asset
Debt Structure: $3.3M 10 yr. fixed rate loan.

Best Plaza Shopping Center

Address: 20040 Hawthorne Blvd., Torrance, CA 90503
Description: High traffic retail center at prime intersection of Hawthorne and Del Amo. Dense retail area, multiple access points, excellent surrounding demographics. Center is connected to larger Torrance Promenade and out parcels consist of high-volume fast food restaurants.
Asset Value: $40M
Investment Highlights: Anchored retail shopping center with excellent tenant mix.
Type: Trust Portfolio Asset
Acquisition Date: March, 1984
Debt Structure: $10M 10 year CMBS loan

Spires Court

Address: 15733 Hawthorne Blvd Lawndale, CA 90260
Description: Neighborhood center with freestanding pad building located at the signalized corner of Manhattan Beach Blvd. and Hawthorne Blvd. one block off the 405 Freeway.
Asset Value: $4M
Investment Highlights: Stable income for long term hold.
Asset Highlights: 17,136 SF GLA shopping center with excellent visibility.
Type: Trust Portfolio Asset
Acquisition Date: March, 1998