Dobson Center
$4,100,000 Medical Office Loan from Life Insurance Company
City: Chandler, AZ
Loan amount: $4,100,000
Lender type: Life Insurance Company
Property type: Medical Office
Size: 42,000 SF
Transaction description
Pasha Johnson and Daniel de Leon of PSRS arranged $4,100,000 in financing for a 42,000-square-foot state-of-the-art medical office property located in Chandler, Arizona. The refinance was placed with one of PSRS’s correspondent life insurance companies and features full-term interest-only payments over a 5-year loan term. The borrower’s liability was limited to non-recourse carve-outs.
TRANSACTION ADVISORS
Pasha Johnson
Principal
Daniel de Leon
Loan Analyst
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Office
