Goldman Sachs Provides $16.7M Refinance Loan For 100 Howe Avenue Office Complex In Sacramento

100 Howe Avenue is a 130,000-square-foot office property located in Sacramento. The asset is currently 95% occupied and underwent a refinancing transaction amounting to $16,700,000. Goldman Sachs served as the lender for this five-year, interest-only loan.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $16,700,000
• Lender: Goldman Sachs
• Landlords: Larry Jackel & Patrick Tribolet - Fenway Capital Advisors
• Brokers: Bharat Madan & Olga Walsh - JLL
• Loan Terms: five-year, interest-only
• Loan Purpose: Refinance

JLL Capital Markets acted on behalf of Fenway Capital Advisors to secure the refinancing arrangement, demonstrating the collaborative effort of the involved parties to optimize the financial structure of the property in the current market environment.