Gantry Secures $9 Million Loan For Vail Ranch Town Square Office In Temecula, CA

The asset involved in this transaction is a 55,000-square-foot office building located at 32605 Temecula Parkway in Temecula, California. The property is fully leased and is known as Vail Ranch Town Square, providing multiple tenancies for medical and professional office use. The loan amount for this asset is $9,000,000, which was arranged as a fixed-rate life company loan for the refinancing of CMBS debt.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $9,000,000
• Address: 32605 Temecula Parkway
• Market: Temecula, CA
• Asset Size: 55,000 SF
• Loan Type: Permanent

The deal was facilitated by Gantry, with Tony Kaufmann, Toby Judge, and Jake Davis representing the borrower and servicing the loan. The loan was structured for a three-year term and was secured by the 100%-occupied multi-tenant office building, providing cash-out proceeds to a private Southern California investor.