Jacob Lee of PSRS arranged $14.7 million in construction financing for a co-living development in Los Angeles, CA. The planned development will be composed of 18 units and 79-beds. The property is located in the desirable neighborhood of West LA with great walkability to the area's best amenities. Financed with bank execution, PSRS provided its borrower with a 24-month interest only loan term.

Michael Tanner and Tony Messiah of PSRS arranged the $5,500,000 refinance of a medical office building located in Fountain Valley, CA. The 13-unit multi-tenant office building was built in 1980 and has a rent building area of 31,515 SF. Financed with one of our correspondent life insurance companies, PSRS provided its borrower a non-recourse loan with a 10-year term and 30-year amortization.

Pasha Johnson and Trevan Swierczewski of PSRS arranged $11,000,000 in financing for the newly constructed Los Patios project in the Barrio Logan neighborhood of San Diego, CA. Los Patios is comprised of 42 residential units over ground-floor retail and plaza space. The project’s thoughtful design pays tribute to the neighborhood’s Hispanic roots and culture. Financed with bank execution, the lender offered 3 years of interest only to offset a rise in borrowing costs along with flexible prepayment to give the client optionality over future financing.

Grady Seldin of PSRS arranged the $1,125,000 acquisition financing of a multifamily property located in Kokomo, Indiana. The subject property is comprised of 24 units across seven buildings with ample surface parking. With a traditional business plan of light renovations, marking rents to market and bringing in professional management, the borrower will increase the ample cash flow in short order. Financed with one of our correspondent life insurance companies, PSRS closed in the tight timeline per the PSA to provide its borrower a high leveraged, fixed rate deal at an attractive interest rate.

Michael Tanner and Tony Messiah of PSRS arranged the $1,725,000 acquisition financing of a retail center in San Diego, CA. The subject property is a free-standing, 5,163 SF four-unit multi-tenant retail property. The property is 100% occupied with all leases being on a full NNN basis. Financed with credit union execution, PSRS provided its borrower with a 10-year loan term and a 25-year amortization.