Multi-Tenant Office

Producer: Kenneth M. Fox, CCIM
City: Corte Madera
State: California
Lender type: Bank
Property type: Office
Transaction type: Refinance
Loan amount: $11,350,000
Multi-Tenant Office

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Case Study

Barry Slatt Mortgage Principal, Kenneth M. Fox, CCIM, recently successfully closed on an $11,350,000 loan refinance secured by a 2-story, ±49,450 square foot well located fully leased multi-tenant office building located in Corte Madera, Marin County, California. The 10 year fully leveraged loan is amortized over 30 years with an initial fixed rate for 5 years, includes flexible step-down prepayment and is non-recourse. Kenneth was able to assist in refinancing the loan with a competitive interest rate through a long-term bank relationship.

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