Multi Tenant Office/R&D
Advisors:
Andrew MacLeod
City: San Jose
State: California
Lender type: Life Insurance Company
Property type: Office/R&D
Transaction type: Purchase
Loan amount: $11,650,000
TRANSACTION DESCRIPTION
Barry Slatt Mortgage Commercial Mortgage Banker, Andrew MacLeod, recently funded an $11,650,000 loan for the acquisition of a two-story multi-tenant office building containing approximately 95,860 square feet. The property is located in San Jose, Ca. It was financed with a fully amortizing 10 year fixed rate and a 30 year amortization.
The loan was placed with Barry Slatt Mortgage correspondent, StanCorp Mortgage Investors, LLC. Barry Slatt Mortgage will be servicing the loan as part of their $3.7 Billion servicing portfolio.
