Skip to content
$69,500,000 | Thousand Oaks, CA building

$69,500,000
Thousand Oaks, CA

Transaction Type

Loan Refinance

Non-Recourse

Loan Type

Bridge Loan

Situation & Challenges

  • Refinance of maturing bridge loan
  • Significant value-add through new leasing
  • Pad site redevelopment
  • Extensive rent roll with complicated reimbursement schedules

Solutions & Highlights

  • Provided tenant improvement/leasing commission (TI/LC) future facilities for the majority of new leasing costs
  • Provided CapEx funds for vertical development of pad sites
  • 3-year term with extension options