Government Agency Relocating D.C. Offices, Taking Less Space
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400,000-SF Industrial Project Planned for Silver Spring, Md.
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City: Los Altos
5150 El Camino Real
95 percent occupied. George Smith Partners arranged a $41 million loan with a 24-month term to fund the Los Altos developer's acquisition. The loan pays a rate pegged to Libor plus 562 basis points.
Residence Inn Palo Alto/4460 El Camino Real
The buyer assumed a $33.4 million loan as part of the purchase. The debt, which is securitized through JPMorgan Chase Commercial Mortgage Securities Corp., 2012-CIBX, pays a 5.249 percent coupon and is scheduled to mature in June 2022. The loan ...
Residence Inn Palo Alto/4460 El Camino Real
RLJ assumed a $33.4 million loan as part of the purchase. The debt, which is securitized through JPMorgan Chase Commercial Mortgage Securities Corp., 2012-CIBX, pays a 5.249 percent coupon and is scheduled to mature in June 2022. The loan is ...
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