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Slatt Capital Secures Refi on Palo Alto Mixed-Use
Slatt Capital commercial mortgage banker Niko Tsiplakos, along with analyst Dominic Sestito, recently arranged the $43,500,000 refinance of a ±130,000 square foot live-work mixed-use property located in Palo Alto. The borrower wasn’t disclosed.
The 10-year interest-only non-recourse loan was secured through an insurance company lender at a highly competitive interest rate below 3%.
Slatt Capital said it was engaged for this transaction due to its local presence, ability to generate a competitive market for the client’s transaction, and proven track record of successfully closing complex transactions.
- ◦Financing


