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$5.2M Loan Secured By RRA Capital For Life Sciences Asset In San Bruno

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FINANCED
$5,200,000

California

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Life Sciences27,556 SF
Financed 06/14/2022
the dealplayerscompscontact
Property Image
FINANCED

$5.2M Loan Secured By RRA Capital For Life Sciences Asset In San Bruno

750 El Camino Real

See Similar Deals
Life Sciences27,556 SF
Financed 06/14/2022
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Life Sciences
Price Per Square Foot:$188
Total Square Footage:27,556 SF
Transaction Type:Loan

The asset involved in this transaction is a life sciences property located at 750 El Camino Real in San Bruno. The loan amount associated with this property is $5,200,000.00.

Summary of transaction details:

The transaction features broker representation by Alex Witt of JLL, functioning on behalf of the relevant parties to facilitate the agreement with lender RRA Capital.

Players

Alex Witt
JLL
Alex Witt
3 deals$47.5M volume(415) 395-4976
BROKER
RRA Capital
RRA Capital
LENDER
Miramar Capital
Miramar Capital
LANDLORD

Details

FINANCED
IMAGE: 06/14/2022 ADDRESS: 750 El Camino Real MARKET: San Bruno ASSET TYPE: Life Sciences BROKERS: Alex Witt(JLL) LENDER: RRA Capital LOAN AMOUNT: $5,200,000.00

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$5,200,000.00

Monthly NOI$34,666.67
Monthly Debt Service$32,867.54
Change in Cash Flow$0.00
Refinance Proceeds$0.00