Fusion

$35,100,000 Life Science Loan from

City: Carlsbad, CA
Loan amount: $35,100,000
Property type: Life Science
Size: 121,541 SF

Transaction description

Pasha Johnson of PSRS arranged $35,100,000 in financing for the recapitalization of a Life Science property located in Carlsbad, CA. The addition of an institutional equity partner further strengthened the merits of the loan and allowed the lender to hold a competitive rate through the rise in treasuries to provide a non-recourse, 10-year fixed financing with no prepayment penalty.

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