Rancho Bernardo Office Building
$26,000,000 Office Loan from Life Insurance Company
City: San Diego, CA
Loan amount: $26,000,000
Lender type: Life Insurance Company
Property type: Office
Size: 276,578 SF
Transaction description
PSRS placed a long term, non-recourse loan with one of its correspondent life insurance companies on an office building in the Rancho Bernardo area of San Diego, CA. The transaction was very modest leverage and the life company provided a low interest rate, flexibility in the prepayment premium and waived impounds.
TRANSACTION ADVISORS
No items found
RELATED TRANSACTIONS
Mixed-use
$11,000,000
Mixed-Use
$4,500,000
Mixed-Use
$2,350,000
Medical Office
$4,100,000
Mixed-use
$20,100,000
Medical Office
