We will be at the 2022 MBA CREF Conference next week!
We will be at the 2022 CREF Commercial/Multifamily Finance Convention & Expo in San Diego on February 13-16th with many of the nation's major commercial real estate lenders.
So, if you are in the market for any financing for your commercial property, there is no better time to get your deal in front of the decision-makers.
Send us an email or give us a call: psrs-la@psrs.com | 310-471-1911
Recent
Transactions
$56,000,000 Refinance of a Medical Office Property in North San Diego County, California.
FINANCED Medical Office
Lender: Life Insurance Company Location: N. San Diego County, CA Size: 4 Buildings Term: 10 years/30-year amortization
Daniel J. Phelan and Jennifer Mustard of PSRS arranged the $56 million refinance of a medical office property in N. San Diego County, CA. Financed with one of our correspondent Life Insurance Companies, PSRS was able to provide for its borrower a 55% LTV, non-recourse loan with a 10-year term and 30-year amortization.
$2,400,000 Refinance of an Industrial Property in Phoenix, Arizona.
FINANCED Phoenix Industrial
Lender: Credit Union Location: Phoenix, AZ Size: 27,517 SF Term: 10 years, 73% LTV
Jennifer Mustard of PSRS arranged the $2.4MM refinance of a single-tenant heavy industrial property in Phoenix, Arizona. The subject property consists of three buildings totaling 27,517 SF and is a single-story, concrete block construction with pitched roofs. The property is in the Central Industrial District, conveniently located two miles northwest of Downtown Phoenix. The tenant has occupied the space for 20 years and signed a new 10-year lease in 2020. Financed with credit union execution, PSRS was able to provide its borrower a 73% loan-to-value, 10-year term loan.
Reach out to us today to discuss your loan options
