CB Single Property
E. Colorado
Glendale, CA
$5,200,000
17,788 Sq. Ft.
Overview
The subject property is a three story 20,000 square foot medical office building in the heart of Glendale, CA. The borrower had completed extensive renovations, and the building was tenanted with a number short term leases. Pathfinder was able to provide non-recourse financing to the borrower from an institutional lender in the amount of $5,200,000.00. The loan had an interest only component and significantly lowered the interest rate for the borrower.
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