Updated Oct 13, 2026
Paul Fuhrman And Jae Yi Of Miramar Capital Secures $16.5M Loan From Wells Fargo For Office Asset
2880 Lakeside Drive
$16,500,000
$166/SF
Building Size
99,300 SF
Asset Type
Office
Closing
Jul 22, 2026
About this deal
AI
The property asset involved in the transaction is located at 2880 Lakeside Drive in the Santa Clara market, comprising an office space with a total square footage of 99,300. The transaction has a total loan amount of $16,500,000, facilitated through permanent financing.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $16,500,000
- Lender: Wells Fargo
- Borrower: Paul Fuhrman & Jae Yi - Miramar Capital
- Broker: Zachary (Zack) Streit - Priority Capital Advisory
The key individuals involved in the transaction include Paul Fuhrman and Jae Yi, representing the borrower Miramar Capital. The deal was brokered by Zachary Streit from Priority Capital Advisory, ensuring the transaction was effectively managed throughout the financing process.
On the Map
$16,500,000
$166/SF
Office
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Players
Santa Clara Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93