Blackstone Mortgage Trust Provides $102M Loan For Office Building In Mountain View, CA
FINANCED
$102,000,000
California
See Similar DealsOffice149,887 SF
Financed 04/08/2021
FINANCED
Blackstone Mortgage Trust Provides $102M Loan For Office Building In Mountain View, CA
515 North Whisman Road, Mountain View, CA, USA
See Similar DealsOffice149,887 SF
Financed 04/08/2021
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$680
Total Square Footage:149,887 SF
Transaction Type:Loan
A loan of $102,000,000 was secured for an office property located at 515 & 545 North Whisman Road in Mountain View. The property spans across 149,887 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $102,000,000
- Address: 515 & 545 North Whisman Road
- Market: Mountain View
The loan was provided by blackstone''>Blackstone Mortgage Trust. The landlords of the property are SteelWave and Angelo Gordon. The brokers representing the deal were Rob Rubano and Keith Padien from Cushman & Wakefield.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$102,000,000.00
Monthly NOI$680,000.00
Monthly Debt Service$644,709.38
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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