$507,500 Acquisition Loan for a Single Tenant Office Building in Visalia, CA

PACT Capital is pleased to announce the closing of a small balance $507,500 acquisition loan secured to a 3,775 square foot single-tenant office building located in Visalia, CA. The acquisition is part of a larger land assemblage for the borrower.

While office properties continue to experience continual challenges from prolonged vacancy and remote work, PACT Capital was able to structure a competitive long-term financing solution. Our team secured a 70% LTV with a 5-year fixed rate at 4.95%, offering flexibility in this evolving market.