Updated Sep 11, 2026
$12 Million Non-Recourse Acquisition Loan Arranged For 68,094 Square Foot Office In Rohnert Park
5900 State Farm Drive
$12,000,000
$176/SF
Building Size
68,094 SF
Asset Type
Office
Closing
Jul 14, 2026
About this deal
AI
The transaction involved a multi-tenant office building located at 5900 State Farm Drive in Rohnert Park, CA. The asset spans 68,094 square feet and was financed with a loan amounting to $12 million. The loan type is categorized as an acquisition loan, featuring non-recourse terms.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $12,000,000
- Asset Size: 68,094 SF
- Address: 5900 State Farm Drive
- Market: Rohnert Park, CA
- Loan Type: Acquisition
- Loan Terms: Non-recourse
Slatt Capital arranged the financing through The Standard, emphasizing the property's stabilized occupancy and diversified tenant base as supportive factors for securing long-term permanent debt amidst a selective lending environment for office assets.
Players
Rohnert Park 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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93