California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


California  + San Diego  + Retail  | 

Mesa West Originates $64M in Debt Financing for Two CA Assets

Los Angeles-based Mesa West Capital originated $63.8 million in short-term first mortgage debt in two separate financings secured by assets in San Diego and Walnut Creek, CA.

Mesa West provided Newport National Corp. with a $28 million first mortgage loan for the acquisition, renovation and stabilization of Scripps Summit Court in Scripps Ranch. Acquired from owner-user HD Supply Facilities Maintenance, which recently relocated to Atlanta, the asset includes a vacant 146,549-square-foot, four-story office building on a 21-acre lot.

Renovation plans include a new exterior entrance, upgrades to the lobby and common areas as well as the addition of a new bistro/coffee bar, upgraded fitness center, and new training/events room.

Mesa West also provided a JV between Citivest Commercial and Tallen Capital Partners, with a $35.75-million loan to refinance and reposition the Rossmoor Shopping Center in Walnut Creek. HFF brokered the deal between the JV, securing the loan through Mesa West.

Mesa West’s Steve Fried and Seth Hall originated the financing.

Subscribe to Connect Daily California

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Connect With Mesa West’s Fried

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Financing
New call-to-action
New call-to-action