Bandon Capital Advisors Provides $8M Acquisition Loan For Office Property In Orinda

The asset involved in this transaction is an office space located at 25 Orinda Way in the Orinda market, encompassing a total square footage of 28,931. The loan associated with this property is an acquisition loan amounting to $8,000,000 with terms of a 30-year fully amortizing loan at a fixed interest rate of 5.875%.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $8,000,000
• Loan Type: Acquisition Loan
• Loan Terms: 30 Year Fully Amortizing Loan @ 5.875% Fixed
• Address: 25 Orinda Way
• Market: Orinda
• Lender: Correspondent Life Company - Bandon Capital Advisors, Inc. - Kamron Aghevli

Key individuals involved in this transaction include Kamron Aghevli, who represents the lender, Correspondent Life Company - Bandon Capital Advisors, Inc. This representation highlights the financial backing facilitating the acquisition of the office property.