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$7,100,000

For Single Tenant Portfolio
in San Francisco, CA

Property Type: Retail
Term: 15 Years

Transaction Contacts

  • Robert Slatt
    San Francisco Office
    (415) 956-7600

  • Jeff Wilcox
    San Francisco Office
    (415) 956-7600

  • Charles Kokernak
    San Francisco Office
    (415) 956-7600

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

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Retail

The financing solution was arranged as seven individual first deed of trust transactions, all cross-collateralized. The borrower used the financing to recapture equity after acquiring the assets in all cash transactions. The loans were provided on a recourse basis from one of Newmark’s correspondent life insurance companies. The borrower was motivated by the long term fifteen-year fixed-rate at a very competitive interest rate.

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