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PSRS Arranges $18M in Construction Financing for Cabrillo Business Park in Goleta, California

Cabrilla-Business-Park-Goleta-CA

Cabrillo Business Park in Goleta, Calif., features 232,143 square feet of flex space.

GOLETA, CALIF. — PSRS has secured an undisclosed borrower with $18 million in construction take-out financing for Cabrillo Business Park, a 232,143-square-foot, three-building flex campus in Goleta. PSRS arranged a non-recourse, 12-year fixed-term loan through one of its correspondent life insurance companies.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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