- The 1M square foot California Center office complex in Pleasanton, CA was purchased by Swift Real Estate Partners for $160M. Starwood (STWD) provided $152M in financing, but before anyone worries about too steep of a LTV ratio, just $106.5M is for the purchase, and $45.5M will be used to pay for capital improvements.
Starwood Property Trust finances California office complex purchase and rehab
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Symbol | Last Price | % Chg |
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STWD | - | - |
Starwood Property Trust, Inc. |