Santa-Monica-Medical - HIghland Realty Capital Deal

Santa Monica Medical

Permanent Loan

61,000 sf medical office building

Santa Monica, CA

Highland arranged a $47 million permanent loan with an insurance company. The loan provided significant cash out to the borrower. The interest rate was fixed for 10 years at a competitive rate, and the loan was interest only for the full term. The lender required no reserves for TI’s or leasing commissions.

Scroll to Top
Skip to content