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Breakthrough Properties, Tishman Speyer Provide $90M Mezz Loan for Life Science Campus

Breakthrough Properties and Tishman Speyer announced a joint investment in a $90-million mezzanine bridge loan for Aperture Del Mar, a newly constructed, 538,000-square-foot Class A life science campu

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Breakthrough Properties and Tishman Speyer announced a joint investment in a $90-million mezzanine bridge loan for Aperture Del Mar, a newly constructed, 538,000-square-foot Class A life science campus in San Diego.

The borrower, Gemdale USA, will use the proceeds to refinance an existing loan.

The four-building lab and office campus in Del Mar Heights is fully... The post Breakthrough Properties, Tishman Speyer Provide $90M Mezz Loan for Life Science Campus appeared first on Connect CRE

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