Deal Summary: ABP Capital worked with local real estate investment group SR Commercial to help finance their acquisition of a 39,100sf two-story Class A office building on Sky Canyon Drive in Murrieta, California. ABP Capital was able to underwrite and fund the deal quickly, allowing SR Commercial to begin building-out, marketing and leasing the vacant building right away. Such efforts resulted in SR Commercial securing a 10 year lease of the ground floor with a regional tenant.

Loan Amount: $1,772,794

Loan Type: Acquisition Financing

Loan Term: 12 Months

Property Type: Class A Office (2008 build)

Property Location: 38670 Sky Canyon Drive, Murrieta, CA 92563

Rentable SF: 36,100