310 7th Street

PROPERTY:

310 7th Street – 14,420 sf

LOCATION:

San Francisco, CA (SOMA Submarket)

FINANCING;

Highland arranged a $6,500,000 cash-out refinance permanent loan for an owner-occupied historic office building, originally built in 1922. Highland identified a lender that provided significant cash-out, who was able to size the loan to 75% LTV and a 1.15x EBITDA/Coverage Ratio at a 10 year fixed rate in the low 4%’s.

Skills

Posted on

February 19, 2019