Faraday

Transaction description

Pasha Johnson, Trevan Swierczewski, and Daniel de Leon of PSRS arranged $13,250,000 in financing for a 47,000-square-foot state-of-the-art life science property located within the Carlsbad submarket of San Diego County. The permanent lender was able to understand the growth story of the start-up tenant as well as fund the loan prior to the tenant taking occupancy. The loan’s interest rate is fixed for seven years and amortized over a thirty-year schedule.