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Loan · Office

FINANCEDOffice

Judah Samter Of Argentic Provides $50 Million Refinance Loan For Cupertino Office Asset

$50,000,000

$498/SF

Building Size

100,352 SF

Asset Type

Office

Closing

Jul 31, 2026

AI

The property involved in this transaction is an office asset located in Cupertino, CA, near Apple Park. The total square footage of the asset measures 100,352. The loan amount for the refinance transaction is $50,000,000.

Summary of transaction details:

The individuals facilitating this transaction include Judah Samter from Argentic, representing the lender, and Ben Himmel from Meridian Capital Group, representing the broker in this refinance deal.

Players

Ben Himmel

Meridian Capital Group

Broker

$134.7M

vol

3 deals

Broker
AM
Argentic Investment ManagementBuyer

Market Office Market Snapshot

Boundary boundary · Office · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.32%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93