Producer: Paul Schroeder
City: Santa Cruz
State: California
Lender type: Bank
Property type: Mixed Use
Transaction type: Refinance
Loan amount: $10,250,000

Paul Schroeder, Principal with Barry Slatt Mortgage recently closed escrow on a $10,250,000 refinance for an 80,733 SF mixed-use property in Downtown Santa Cruz, CA. The subject property has 5 floors divided into 2 floors of UCSC extension dorms, 2 floors of office space, and ground floor retail. The loan had a 30 year amortization with a 10 year fixed rate.