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2501 Bryant Street, San Fra...

First Pacific Financial Refinances Mixed-Use Property In Mission District For $7.3M
FINANCEDMixed-use

First Pacific Financial Refinances Mixed-Use Property In Mission District For $7.3M

2501 Bryant Street, San Francisco, California 94110, United States

$7,279,000

$282/SF

Building Size

25,815 SF

Asset Type

Mixed-use

Closing

Apr 3, 2022

AI

The mixed-use property located at 2501 Bryant St. in the Mission District has been involved in a loan transaction. The property spans approximately 25,815 square feet and is situated in a vibrant market.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $7,279,000
  • Date: 04/04/2022
  • Loan Type: Refinance
  • Loan Terms: 3.55%, 10 year fixed, 3 years IO
  • Lender: First Pacific Financial
  • Landlord: Alan Pomerantz
  • Brokers: Joe Mercado & Grant Feitshans - First Pacific Financial

The loan amount for this transaction is $7,279,000, and it has been refinanced with a loan type of refinance. The loan terms include an interest rate of 3.55%, a fixed rate for 10 years, and a 3-year interest-only period.

Players

Grant Feitshans

Broker

$30.2M

vol

3 deals

Broker
First Pacific Financial
First Pacific FinancialLender

San Francisco Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.18%

Cash-on-Cash

-0.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93