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For Embarcadero Business
in Oakland, CA

Financing Type: Cash-Out Refinance
Property Type: Office
Term: 5 Years
Amortization: 25 Years

Transaction Contacts

  • Darren Pacheco
    San Francisco Office
    (415) 956-7600

  • Michael Heagerty
    San Francisco Office
    (415) 956-7600

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“This was an incredibly challenging loan to execute due to the nature of the ground lease, the major tenant negotiating a lease extension, and an existing CMBS loan maturity. Capital markets have been turbulent as interest rates have risen rapidly. In the end the borrower was pleased with a loan that met all their objectives.”

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