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LOS ANGELES, CA-Royal Airport LLC and affiliates of Robertson Properties Group, based in Los Angeles, obtained a $13.7 million loan to refinance a 209,000-sf office tower at 5933 W. Century Blvd., near the Los Angeles International Airport.

The new owners acquired the building several months ago from Royal Investment Systems Partnership, according to Matt Douglas of El Segundo-based Venture West Funding Inc., a mortgage brokerage firm that arranged the loan through KeyBank Commercial Mortgage.

Dougas tells GlobeSt.com. the loan provides funds for tenant improvements, leasing commissions, and minor rehabilitation. He says the 22-story building was built in 1982 and has undergone several minor renovations since. The multi-tenant building is 93% occupied, he says, and includes some ground floor retail space.

Privately owned Venture West arranges loans for the purchase and refinance of single-family homes, apartment buildings and commercial properties.

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