Anchor Loans is relocating its headquarters to Westlake Village with the signing of a 26,000-square-foot lease at One Baxter Means.
The home-flip lender will vacate its present places of work in Calabasas.
For the lease, CBRE’s Matt Heyn represented the owner, One Baxter Means LP. Lee & Associates’ Jared Smits and Mike Tingus represented the lender within the transaction.
Anchor Loans payments itself as “the nation’s premier fix-and-flip lender” with operations in 46 states. It has offered greater than $1 billion in actual property financing yearly since 2016 and has funded greater than $7.7 billion in loans since its founding.
In keeping with the corporate, Anchor Loans has elevated its Los Angeles-based worker rely by a mean of 15 % per 12 months over the previous three years. The corporate’s common annual progress fee during the last three years is slightly below 25 % by income, in response to Chief Monetary Officer Bryan Thompson.
“Our firm is absolutely excited in regards to the transfer,” Thompson mentioned in a press release. “It’s nice house in a premier constructing near locations to buy and eat, and Thousand Oaks is a rising, business-friendly neighborhood that can assist place us for the long run.”
“Anchor Loans has been experiencing fast progress,” Lee’s Smits added in a press release, “and wanted to increase its footprint by about 30 %. This transfer supplies house for growth in a status facility that gives a superior work surroundings for its workers, so it checked all of the bins.”