CASE STUDIES

OFFICE LOAN REFINANCE | ±70,000 SF | $8,150,000 | DIAMOND BAR, CA

In anticipation of a client’s maturing loan, Ms. Kim was tasked with approaching three tenants about 5-year lease renewals, more than one year in advance of their respective lease expiration dates. Ms. Kim reached out to 37 lenders initially to acquire loan refinance, with minimal positive response, only two lenders seemed promising. Ultimately, Ms. Kim achieved above-market results in a very challenging lending environment for the office sector. The refinance loan terms were superior to the original loan.

ABOVE MARKET SUBLEASE | ±12,100 SF | CULVER CITY, CA

A SoCal regional fast-casual restaurant chain needed assistance with their corporate office sublease. For over one year, it stagnated due to weak office-centric marketing by the former listing broker. Ms. Kim knew that since industrial demand was much stronger, her re-marketing focus needed to be geared towards industrial flex space. Because the original lease contract was far below market, she created greater than $2.1M in net income for the Sublessor, which helped offset all the rising costs facing the restaurant industry.

HIGH DENSITY RESIDENTIAL | ±1.98 Acres | LA MIRADA, CA

A dilapidated 1.98-acre commercial property in a redevelopment zone came with overlay zoning that increased its value. The marketing efforts were repeatedly confronted with challenges due to difficulties with the City of La Mirada. Over 11 years, although there were four failed escrows, the 5th escrow closed having nearly tripled the property’s final value. The original basis was $2M and ultimately sold for $5.7M. With each delay in closing, Ms. Kim strategically negotiated an incremental increase in the final sales price.