Foothill Centre

$16,300,000 Medical Office Loan from Bank

City: Santa Barbara, CA
Loan amount: $16,300,000
Lender type: Bank
Property type: Medical Office
Size: 61,664 SF

Transaction description

Seth Ludwick of PSRS arranged the $16.3 million refinance of a medical office campus in Santa Barbara, California. The subject property is a 61,664-square-foot, single-tenant medical office campus with ample parking at 225 spaces. Financed with bank execution, PSRS provided its borrower with a non-recourse 10-year loan term and 30-year amortization with no reserves.

TRANSACTION ADVISORS

Seth Ludwick

Principal
Loan Officer

RELATED TRANSACTIONS

×
CONTACT PSRS




  • This field is for validation purposes and should be left unchanged.