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Ramsey Daya Of Newmark Secures $178M Loan For Office Asset In San Mateo

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FINANCED
$178,000,000

California

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Ramsey Daya Of Newmark Secures $178M Loan For Office Asset In San Mateo

901 Mariners Island BLVD, San Mateo...

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Office
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Summary

CALIFORNIA
Asset Type:Office
Transaction Type:Loan

The property at 901 Mariners Island BLVD, San Mateo, is an office asset involved in a recent transaction. The loan amount for this property was $178,000,000.00. The borrower's representative for this deal was Ramsey Daya of Newmark. The lender involved in this transaction was Mesa West Capital.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $178,000,000.00
  • Address: 901 Mariners Island BLVD, San Mateo
  • Market: San Mateo

Ramsey Daya of Newmark represented the borrower in this office asset transaction with Mesa West Capital as the lender. This key detail sheds light on the individuals and companies involved in the deal.

Players

Ramsey Daya
12 deals$2.6B volume
BROKER

Mesa West Capital
LENDER

Details

FINANCED
IMAGE: 901 Mariners Island BLVD, San Mateo... MARKET: San Mateo ASSET TYPE: Office BORROWER'S REP: Ramsey Daya(Newmark) LENDER: Mesa West Capital LOAN AMOUNT: $178,000,000.00

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$178,000,000.00

Monthly NOI$1,186,666.67
Monthly Debt Service$1,125,081.08
Change in Cash Flow$0.00
Refinance Proceeds$0.00