Mortgage Banker Spotlight: David Hamilton

David Hamilton is a Principal in PSRS’ San Diego office and joined PSRS in 2013 after attending the University of San Diego for his undergraduate studies, where he received his Bachelor of Finance degree and graduated Cum Laude. Mr. Hamilton began working part-time for PSRS after some real estate courses at USD piqued his interest, and he decided to pursue a career in real estate with PSRS upon graduating. During his time with PSRS, he has closed apartment, office, medical office, retail, hospitality, industrial, and self-storage loans. Real estate runs in his family; his mother is a residential realtor and his brother a tenant representation broker. In addition to real estate, he is passionate about sports, current events, international relations, politics, and history. Mr. Hamilton is affiliated with the NAIOP and Urban Land Institute chapters of San Diego.

What is an example of a recently closed deal you've done?

I recently closed a $44 million medical office portfolio loan secured by four medical office buildings in Southern California. The high-leverage, non-recourse loan had a floating interest rate and a flexible pre-payment structure. The creative deal included a refinance of the existing portfolio in tandem with the acquisition financing of a $13,500,000 Encinitas, CA medical office building. By tapping the substantial equity in the existing three assets, the borrower was able to purchase the fourth property without writing a check. I also pride myself on having closed many loans on specialty property types such as hotels and self-storage facilities.