SD County Medical Office

$56,000,000 Office Loan from Life Insurance Company

City: San Diego County, CA
Loan amount: $56,000,000
Lender type: Life Insurance Company
Property type: Office
Size: 4 Office Buildings

Transaction description

Daniel J. Phelan and Jennifer Mustard of PSRS arranged the $56 million refinance of a medical office property in N. San Diego County, CA. Financed with one of our correspondent Life Insurance Companies, PSRS was able to provide for its borrower a 55% LTV, non-recourse loan with a 10-year term and 30-year amortization.



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