Los Patios

$11,000,000 Mixed-Use Loan from Bank

City: San Diego, CA
Loan amount: $11,000,000
Lender type: Bank
Property type: Mixed-Use
Size: 42 Units

Transaction description

Pasha Johnson and Trevan Swierczewski of PSRS arranged $11,000,000 in financing for the newly constructed Los Patios project in the Barrio Logan neighborhood of San Diego, CA. Los Patios is comprised of 42 residential units over ground-floor retail and plaza space. The project’s thoughtful design pays tribute to the neighborhood’s Hispanic roots and culture. Financed with bank execution, the lender offered 3 years of interest only to offset a rise in borrowing costs along with flexible prepayment to give the client optionality over future financing.



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