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Slatt Capital arranged a $43-million refinancing on a mixed-use property in Palo Alto, CA

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. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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