Updated Dec 21, 2023
Niko Tsiplakos Of Slatt Capital Secures $43.5M Refinance Loan For 130K SF Mixed-use Property In Palo Alto
195 Page Mill Road, Palo Alto, California 94306, United States
$43,500,000
$334/SF
Building Size
130,000 SF
Asset Type
Mixed-use
Closing
Apr 11, 2022
About this deal
AI
A mixed-use property located at 195 Page Mill Rd in Palo Alto has recently undergone a refinance loan transaction. The property spans an area of 130,000 square feet and is situated in the bustling market of Palo Alto.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $43,500,000
- Address: 195 Page Mill Rd
- Market: Palo Alto
- BROKER: Niko Tsiplakos - Slatt Capital
Niko Tsiplakos of Slatt Capital served as the broker in this refinance loan deal. The transaction involved securing a loan amount of $43,500,000 for the mixed-use property located at 195 Page Mill Rd in Palo Alto.
Players
Palo Alto Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Visit Niko Tsiplakos to view all their deals.
Browse California mixed use loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93