Amped Kitchens North – Cash-Out Refinance

Los Angeles, CA


Funding Purpose

Cash out refinance

Property Description

Multi-Tenant Industrial Kitchen


Experienced industrial kitchen operator, currently operating two locations in Los Angeles and a third location in Chicago


  • New and unfamiliar product type for most lenders
  • Tight closing timeline with expiring new market tax credits
  • Execution of  45+ SNDA’s prior to closing


  • Assisted the lender in understanding the business model by getting the lender and sponsor to communicate early
  • Closed the loan in days from LOI execution
  • Worked diligently with the lender and sponsor to ensure SNDA’s were executed and delivered to the lender prior to closing


  • Loan Amount (LTV): $14,495,000 
  • Interest Rate: 4.125% 
  • Amortization: 25 Y
  • Term: 10 Y
  • Recourse: Non Recourse 
  • Prepayment: No prepayment penalty

Director  | Capital Advisor