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40 Jessie Street

Updated Nov 6, 2026

 Secures $20.45 Million Loan From Valley National Bank For Office Acquisition
FINANCEDOffice

Secures $20.45 Million Loan From Valley National Bank For Office Acquisition

40 Jessie Street

$20,450,000

Building Size

—

Asset Type

Office

Closing

Oct 28, 2026

About this deal

AI

The asset involved in this transaction is an office property located at 40 Jessie Street in San Francisco. The loan amount secured for the acquisition is $20,450,000. The financing for this property was provided by Valley National Bank.

Summary of transaction details:

The brokers representing the deal are Austin Ghaderi and Bill Moyer from CBRE, who facilitated the transaction for the acquisition of this office asset. Their involvement underscores the professional representation throughout the process.

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$20,450,000

Office

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Players

Bill Moyer

CBRE

Broker

$807.4M

vol

4 deals

Broker
Vander Capital Partners
Vander Capital PartnersBuyer
Valley National Bank
Valley National BankLender
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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.78%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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