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$69,500,000 | Thousand Oaks, CA building

Thousand Oaks, CA

Transaction Type

Loan Refinance


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