Tauro Capital Advisors Provides $14.64 Million Refinance Loan For Westside SSA Office In Sacramento

The property asset involved in this transaction is an office located at 8581 Folsom Boulevard in the Sacramento market, covering a total square footage of 37,000. The transaction reflects a loan amount of $14,640,000 provided for refinancing purposes, under a loan agreement with specific terms including a 6.60% interest rate, a 5-year term, 25-year amortization, no prepayment penalty, and is categorized as non-recourse.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $14,640,000
• Loan Type: Refinance
• Loan Terms: 6.60% Rate, 5 Year Term, 25 Year Amortization, No Prepayment Penalty, Non Recourse
• Lender: Tauro Capital Advisors
• Landlord: Westside SSA
• Brokers: Stephen Stein, Avi Youshaei & Sam Stein - Tauro Capital Advisors

The transaction involved key representatives from Tauro Capital Advisors, specifically brokers Stephen Stein, Avi Youshaei, and Sam Stein, who played a pivotal role in facilitating the loan agreement. Their expertise in the market was integral to the successful refinancing of the office property.