The North Parker
$14,000,000 Mixed-Use Loan from Bank
City: San Diego, CA
Loan amount: $14,000,000
Lender type: Bank
Property type: Mixed-Use
Size: 32 Units
Transaction description
Pasha Johnson of PSRS arranged $14 million for the refinance of The North Parker in San Diego, CA. The subject property is a mixed-use building with 27 multifamily units over five retail suites. Financed with bank execution, PSRS provided its borrower with a 10-year, full-term interest-only loan priced at 4.14% on a non-recourse basis. The loan allows the owners to maximize their cash flow and limit liability.
TRANSACTION ADVISORS
Pasha Johnson
Principal
Trevan Swierczewski
Loan Officer
RELATED TRANSACTIONS
Retail
$3,000,000
Retail
$5,250,000
Multifamily
$1,600,000
Mixed-Use
$2,350,000
Multifamily
$14,500,000
Mixed-use
