Updated Nov 6, 2026
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:
- Property Type: Office
- Transaction Amount: $20,450,000
- Lender: Valley National Bank
- Market: San Francisco
- Brokers: Austin Ghaderi & Bill Moyer - CBRE
- Loan Type: Acquisition
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.
On the Map
$20,450,000
Office
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Players
San Francisco 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
0.78%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93