Sanwa Bank Building
Arranged fixed rate debt for the refinancing of this 86,895 square foot office building located on Colorado Boulevard in Pasadena, California. Built in 1938, this brick tower is a landmark asset and is home to over 80 tenants. Amidst the volatile CMBS market in September 2007, Regency Capital Partners was able to secure a 7-year, 70% loan to value, non-recourse bank financing that featured a declining balance prepayment structure, no required SNDAs or Estoppels forms nor a PML report.