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PSRS Secures $3.7M Bridge Loan For Pointe West Plaza In San Ramon

2416 San Ramon Valley Boulevard
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This Retail property located in CA received a loan of $3,700,000 about 2 months ago. The brokers of the deal were Jonny Soleimani and Matthew Farzinpour

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.

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Deals
  • Location
    2416 San Ramon Valley Boulevard2416 San Ramon Valley Boulevard
  • Loan Value
    $3,700,000$3,700,000
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Jonny Soleimani

Jonny Soleimani

Deals6
Financed$33.5M

Agency

PSRS- Pacific Southwest Realty Services

PSRS- Pacific Southwest Realty Services

Agency
Deals26
Volume$591.5M

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Deal Summary

LOAN 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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2416 San Ramon Valley Boulevard

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