PSRS Secures $3.7M Bridge Loan For Pointe West Plaza In San Ramon | 2416 San Ramon Valley Boulevard | Jonny Soleimani, Matthew Farzinpour | Retail | Loan

Summary

Loan

CALIFORNIA

Retail

17,417 sqft

PSRS has arranged $3.7 million in bridge financing for Pointe West Plaza, a multi-tenant retail center located at 2416 San Ramon Valley Boulevard in San Ramon. The property spans 16,921 square feet and is situated in the San Ramon market.

Summary of transaction details

Property Type: Retail
Transaction Amount: $3,700,000
Address: 2416 San Ramon Valley Boulevard
Market: San Ramon
Square Footage: 16,921

The loan, a 12-month bridge loan, was secured by Jonny Soleimani and Matthew Farzinpour of PSRS- Pacific Southwest Realty Services. The loan features no prepayment penalty and was provided by a debt fund. The borrower's identity has not been disclosed.

Players

All
3

Agents
2
Agencies
1

$9.5M Sold

PSRS- Pacific Southwest Realty Services

Details

Deal Summary

FINANCED

IMAGE: Jonny Soleimani & Matthew Farzinpour DATE: 01/09/2024 ADDRESS: 2416 San Ramon Valley Boulevard MARKET: San Ramon ASSET TYPE: Retail ~ SF: 16,921 BROKERS: Jonny Soleimani (@SoleimaniJonny) & Matthew Farzinpour - PSRS- Pacific Southwest Realty Services (@PSRSLA) LOAN AMOUNT: $3,700,000 LOAN TYPE: Bridge Loan LOAN TERMS: 12-month loan, which features no prepayment penalty NOTE: PSRS has arranged $3.7 million in bridge financing for Pointe West Plaza, a multi-tenant retail center in San Ramon, east of the Bay Area. The 12-month loan, provided by a debt fund with no prepayment penalty, was secured by Jonny Soleimani and Matthew Farzinpour for an undisclosed borrower.

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Address2416 San Ramon Valley Boulevard

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