Updated Jan 20, 2026
Mark Omid Bolour & DaJuan Bennett Of BOLOUR Provides $13M Refinance Loan For San Diego Life Sciences Asset
6680 Cobra Way
$13,000,000
$366/SF
Building Size
35,462 SF
Asset Type
Life Sciences
Closing
Dec 30, 2025
About this deal
AI
The asset involved in the transaction is a life sciences property located at 6680 Cobra Way in San Diego. This property encompasses 35,462 square feet. The transaction was a refinance loan amounting to $13,000,000.
Summary of transaction details:
- Property Type: Life Sciences
- Transaction Amount: $13,000,000
- Loan Type: Refinance
- Loan Terms: 24 Months
- Lender: Mark Omid Bolour & DaJuan Bennett - BOLOUR; BA Debt Fund
- Landlord's Rep: Scott Selke - Cushman & Wakefield
This refinancing transaction was expedited by the lender to accommodate the borrower's need to refinance maturing debt and to set aside funds for tenant improvements for a single-tenant R&D lab buildout. BOLOUR demonstrated flexibility and speed in supporting the borrower's business plan.
On the Map
$13,000,000
$366/SF
Life Sciences
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San Diego Life Sciences Market Snapshot
Boundary boundary · Life Sciences · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93