Access to Life Companies, Banks, Credit Unions, Agencies, Debt Funds, CMBS
Market Rates
Recent Transactions
$5,750,000 Cash-Out Refinance of a Self-Storage Property in Richmond, California.
FINANCED Bridge Storage
Lender:Credit Union City:Richmond, California Size:583 Units Term:5+5-year term, 30-year amortization
David Smyle of PSRS arranged the $5.75 million cash-out refinance of a self-storage property in Richmond, California. The unique property combines traditional self-storage with co-working spaces, art facilities, a commercial kitchen with food storage, and an active events program. The mostly single-story, metal construction facility consists of 12 buildings and offers 583 units across 73,104 gross square feet. The property is secured by an electronically controlled iron gate, with self-storage units distributed throughout the site. Financed through a credit union, PSRS provided its borrower with a 45% loan-to-value, a 5+5-year loan term, and a 30-year amortization. In addition to the first trust deed loan, the lender also provided a $750,000 interest-only line of credit for 10 years, secured by a second trust deed and priced at the same rate as the first
$2,650,000 Refinance of a Multifamily Property in The Bronx, New York.
FINANCED Nelson Ave Apartments
Lender:Life Insurance Company City:The Bronx, New York Size:10 Units Term:Five-year term, 30-year amortization
Matthew Farzinpour of PSRS arranged the $2.65 million refinance of a four-story, 10-unit multifamily property in The Bronx, New York. The property underwent a comprehensive renovation in 2025, including exterior and façade upgrades. Financed through one of PSRS’s correspondent life insurance company lenders, the loan was structured with a five-year term and 30-year amortization.
$4,500,000 Acquisition Financing of an Industrial Property in Hartland, Wisconsin.
FINANCED Cottonwood Industrial
Lender:Bank City:Hartland, Wisconsin Size:57,964 SF Term:12-month Interest Only, 25-year amortization
Michael Presser of PSRS arranged the $4.5 million acquisition financing of a 57,964-square-foot industrial property in Hartland, Wisconsin. The single-tenant facility features six drive-in doors, six recessed loading docks, and 122 parking stalls. Financed through a local bank, PSRS secured a loan with 74% loan-to-value, structured with a 12-month interest-only period followed by a 25-year amortization. A notable aspect of this transaction was the lender’s aggressive underwriting approach, closing the deal at a debt coverage ratio below 1.20x.
Exciting opportunities are open across our offices in Los Angeles, Newport Beach, and San Diego:
Commercial Real Estate Analyst – Los Angeles: Support producers with underwriting, marketing, and closing while gaining hands-on experience in structuring real estate debt and equity investments.
Commercial Real Estate Analyst / Loan Producer – San Diego: Begin as an analyst supporting top producers with underwriting and deal execution, with a clear path to transition into a producing role.
About PSRS Founded in 1972, PSRS is a commercial mortgage banking firm that helps real estate investors of all sizes structure and secure financing solutions that align with their investment goals.
