Updated Nov 18, 2025
Barings And Bank OZK Provide $56.5M Loan For Mixed-Use Property In Solana, San Diego
Dahlia Drive, Solana Beach, CA, USA
$56,500,000
$1,130/SF
Building Size
50,000 SF
Asset Type
Mixed-use
Closing
Apr 12, 2021
About this deal
AI
A loan of $56,500,000 was secured for a mixed-use property located at the corner of Dahlia Drive and 101 Solana Beach in Solana, San Diego. The transaction took place on April 13, 2021.
Summary of transaction details
- Property Type: Mixed-use
- Loan Amount: $56,500,000
- Address: Corner of Dahlia Drive & 101 Solana Beach
- Market: Solana, San Diego
The lenders involved in the deal were barings-4626a10b-91b9-4404-b096-d78fc90a0c26''>Barings represented by Ryan Young and Bank OZK represented by Aram Zakian. The brokers, Malcolm Davies and Zack Streit, facilitated the transaction.
Players
Solana Beach Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93