Tesla Encinitas
$15,775,000 Other Loan from Credit Union
City: Encinitas, CA
Loan amount: $15,775,000
Lender type: Credit Union
Property type: Other
Size: 32,277 SF
Transaction description
Pasha Johnson of PSRS arranged $15,775,000 in financing for the soon-to-come Tesla Supercharger Station and Repair Center in Encinitas, California. PSRS was able to provide its borrower a non-recourse loan with a 10-year fixed term with two years of interest only, allowing the borrower to lock rate today using rents that commence in 2023.
TRANSACTION ADVISORS
Pasha Johnson
Principal
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