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Wells Fargo Provides $145M CMBS Loan for Silicon Valley Office Complex

Prometheus Real Estate Group has secured a $145 million loan to refinance The Towers at Cupertino City Center, a two-building, recently renovated office center in Cupertino, Calif., in Silicon Valley,

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Summary

Prometheus Real Estate Group has secured a $145 million loan to refinance The Towers at Cupertino City Center, a two-building, recently renovated office center in Cupertino, Calif.

, in Silicon Valley, according to a release.

Wells Fargo provided the debt, structured as a single-asset, single-buyer (SASB) commercial mortgage-backed securities (CMBS) loan, while Northmarq’s San Francisco debt […]

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