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City: Cupertino
1900 Homestead Road
fully leased. The purchase was funded with a $41 million mortgage that Citigroup provided and plans to securitize. The loan requires only interest payments for its 10-year term and has a coupon of 4.49 percent.
10381-10443 Bandley Drive
fully leased.
Cypress Hotel/10050 S. De Anza Blvd.
The Rockpoint team did fund the acquisition with $47.2 million of mortgage debt that was provided by LaSalle National Bank. The three-year loan was arranged by HFF Inc.
19000 Homestead Road/10950 Tantau Ave.
Property is fully leased to Kaiser Permanente
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