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$26.6MM Principal Loan Backed by Broadshore Capital Partners’ 500 Ygnacio Valley in Walnut Creek Hits Market
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$26.6MM Principal Loan Backed by Broadshore Capital Partners’ 500 Ygnacio Valley in Walnut Creek Hits Market
Broadshore Capital Partners paid $36 million for the 105,000-SQFT building in 2016 and refinanced with a $28 million Principal Real Estate Investors loan in 2021 — now scheduled to mature in July 2026 — setting up a debt-purchase entry point for a successor investor at a basis well below replacement cost. JLL has been retained […] The post $26.6MM Principal Loan Backed by Broadshore Capital Partners’ 500 Ygnacio Valley in Walnut Creek Hits Marke…
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