Commercial Real Estate Financial Expertise
Since 1972
ABOUT PSRS
Founded in 1972, Pacific Southwest Realty Services (PSRS) is one of the largest privately-held commercial mortgage banking firms in the Western United States. Our funding sources include major life insurance companies, banks, credit companies, CMBS and institutional investors.
Access to diverse capital sources insures a high level of success in arranging commercial real estate loans, apartment loans, mezzanine loans, and equity transactions that our clients have come to expect. Our long-term lending relationships give us greater latitude in solving problems and closing loans in a timely manner. After the loan funds, our experienced, in-house servicing team handles many issues such as assumptions, lease approvals, payoffs, insurance and many other similar matters.
We have funded a broad range of property types throughout a number of economic cycles and are confident that we can satisfy your financing needs.
PSRS represents life insurance companies, banks, private capital and other credit facilities seeking investment in real estate secured assets.
FEATURED TRANSACTIONS
PSRS is a Correspondent for a select group of life insurance companies who provide capital for commercial real estate and multi-family loans of all sizes ($1 – $200 million)
TEAM
Our team of professionals possess the depth of personnel and diversity of expertise to better meet the needs of our clients. We pride ourselves on our intense commitment to personal service. This philosophy of quality service has built many long-term relationships with real estate owners and institutional capital sources that have deepened through the cycles of the real estate market.
PSRS has closed financing transactions across the United States from offices located in San Diego, Los Angeles, Irvine, Santa Barbara, and Las Vegas.
PSRS MARKET INSIGHTS
The U.S. Federal Reserve lowered its benchmark rate by 25 basis points to 2% – 2.5%, signaling the first downward adjustment of interest rates since the 2008 financial crisis. Federal Reserve Chairman Jerome Powell said the move is “not the beginning of a long series of rate cuts” but the Fed kept their options open by saying they will “act as appropriate to sustain the expansion.” While it doesn’t directly impact commercial real estate loans that aren’t Prime based, it does signal that this low-interest rate environment may continue.
David Hamilton is a Principal in PSRS’ San Diego office and joined PSRS in 2013 after attending the University of San Diego for his undergraduate studies, where he received his Bachelor of Finance degree and graduated Cum Laude. Mr. Hamilton began working part-time for PSRS after some real estate courses at USD piqued his interest, and he decided to pursue a career in real estate with PSRS upon graduating.
An interest rate swap is a contract in which two parties are trading a fixed-rate and variable-interest rate. Essentially, this contract converts a variable-rate loan into a fixed-rate loan. Click to read more:
CAPITAL SOURCES
