{"id":1004468653,"date":"2020-08-04T08:12:32","date_gmt":"2020-08-04T16:12:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004468653"},"modified":"2021-05-10T02:05:18","modified_gmt":"2021-05-10T10:05:18","slug":"san-antonio-office-park-lands-58m-refi","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/","title":{"rendered":"San Antonio Office Park Lands $58M Refi"},"content":{"rendered":"<div id=\"attachment_1004468674\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004468674\" data-attachment-id=\"1004468674\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/brass-professional-center-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg\" data-orig-size=\"1000,750\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Brass Professional Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Brass Professional Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg?w=1000\" class=\"wp-image-1004468674 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004468674\" class=\"wp-caption-text\">Brass Professional Center<\/p><\/div>\n<p>Brass has received $57.7 million in refinancing for a 576,000-square-foot office park in San Antonio. NorthMarq arranged the 10-year, fixed-rate loan for with Brass Professional Center, which includes a one-year interest-only period followed by a 30-year amortization schedule with a CMBS lender through Goldman Sachs. According to Yardi Matrix data, the financing will retire the existing $61.5 million debt from V\u00e4rde Partners.<\/p>\n<p>Comprising 11 buildings located along Loop 410, the property is some 3 miles from the metro\u2019s Medical Center, roughly 4 miles from retail centers such as The Village at the Summit and the Wonderland of Americas, as well as almost 12 miles northwest of downtown San Antonio. Completed between 1968 and 1986, the assets\u2019 tenant roster includes more than 100 companies, ranging from local and regional firms to larger credit type and health-care providers. &nbsp;&nbsp;<\/p>\n<p>Senior Vice President and Managing Director Bryan Leonard from NorthMarq brokered the deal. In mid-June, the company <a href=\"https:\/\/www.commercialsearch.com\/news\/phoenix-spec-office-project-lands-74m-in-financing\/\">arranged $74 million in financing<\/a> for a two-building speculative office project in Chandler, Ariz.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 10-year financing includes a one-year interest-only period followed by a 30-year amortization schedule.   <\/p>\n","protected":false},"author":748,"featured_media":1004468674,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21742,21747,1607],"tags":[47315,35826,33435,34291,45224],"class_list":["post-1004468653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-latest","category-office","category-san-antonio","tag-brass-enterprises","tag-cmbs","tag-goldman-sachs","tag-northmarq-capital","tag-varde-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>San Antonio Office Park Lands $58M Refi - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"San Antonio Office Park Lands $58M Refi\" \/>\n<meta property=\"og:description\" content=\"The 10-year financing includes a one-year interest-only period followed by a 30-year amortization schedule.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-04T16:12:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-10T10:05:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lucia Morosanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-antonio-office-park-lands-58m-refi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-antonio-office-park-lands-58m-refi\\\/\"},\"author\":{\"name\":\"Lucia Morosanu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1077c2cf363c47bc75d1ab4c42b53bb5\"},\"headline\":\"San Antonio Office Park Lands $58M Refi\",\"datePublished\":\"2020-08-04T16:12:32+00:00\",\"dateModified\":\"2021-05-10T10:05:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-antonio-office-park-lands-58m-refi\\\/\"},\"wordCount\":177,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-antonio-office-park-lands-58m-refi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/08\\\/Brass-Professional-Center-e1596531406174.jpg\",\"keywords\":[\"Brass Enterprises\",\"CMBS\",\"Goldman Sachs\",\"NorthMarq Capital\",\"V\u00e4rde Partners\"],\"articleSection\":[\"Finance\",\"News\",\"Office\",\"San Antonio\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-antonio-office-park-lands-58m-refi\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-antonio-office-park-lands-58m-refi\\\/\",\"name\":\"San Antonio Office Park Lands $58M Refi - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-antonio-office-park-lands-58m-refi\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-antonio-office-park-lands-58m-refi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/08\\\/Brass-Professional-Center-e1596531406174.jpg\",\"datePublished\":\"2020-08-04T16:12:32+00:00\",\"dateModified\":\"2021-05-10T10:05:18+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1077c2cf363c47bc75d1ab4c42b53bb5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-antonio-office-park-lands-58m-refi\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-antonio-office-park-lands-58m-refi\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-antonio-office-park-lands-58m-refi\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/08\\\/Brass-Professional-Center-e1596531406174.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/08\\\/Brass-Professional-Center-e1596531406174.jpg\",\"width\":1000,\"height\":750,\"caption\":\"Brass Professional Center\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-antonio-office-park-lands-58m-refi\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"San Antonio Office Park Lands $58M Refi\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1077c2cf363c47bc75d1ab4c42b53bb5\",\"name\":\"Lucia Morosanu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/04\\\/Lucia-Morosanu.jpg?w=96\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/04\\\/Lucia-Morosanu.jpg?w=96\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/04\\\/Lucia-Morosanu.jpg?w=96\",\"caption\":\"Lucia Morosanu\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/luciamorosanu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"San Antonio Office Park Lands $58M Refi - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/","og_locale":"en_US","og_type":"article","og_title":"San Antonio Office Park Lands $58M Refi","og_description":"The 10-year financing includes a one-year interest-only period followed by a 30-year amortization schedule.","og_url":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2020-08-04T16:12:32+00:00","article_modified_time":"2021-05-10T10:05:18+00:00","og_image":[{"width":1000,"height":750,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg","type":"image\/jpeg"}],"author":"Lucia Morosanu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/"},"author":{"name":"Lucia Morosanu","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1077c2cf363c47bc75d1ab4c42b53bb5"},"headline":"San Antonio Office Park Lands $58M Refi","datePublished":"2020-08-04T16:12:32+00:00","dateModified":"2021-05-10T10:05:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/"},"wordCount":177,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg","keywords":["Brass Enterprises","CMBS","Goldman Sachs","NorthMarq Capital","V\u00e4rde Partners"],"articleSection":["Finance","News","Office","San Antonio"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/","url":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/","name":"San Antonio Office Park Lands $58M Refi - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg","datePublished":"2020-08-04T16:12:32+00:00","dateModified":"2021-05-10T10:05:18+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1077c2cf363c47bc75d1ab4c42b53bb5"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg","width":1000,"height":750,"caption":"Brass Professional Center"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/san-antonio-office-park-lands-58m-refi\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"San Antonio Office Park Lands $58M Refi"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1077c2cf363c47bc75d1ab4c42b53bb5","name":"Lucia Morosanu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Lucia-Morosanu.jpg?w=96","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Lucia-Morosanu.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Lucia-Morosanu.jpg?w=96","caption":"Lucia Morosanu"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/luciamorosanu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Brass-Professional-Center-e1596531406174.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004468653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/748"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004468653"}],"version-history":[{"count":7,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004468653\/revisions"}],"predecessor-version":[{"id":1004468944,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004468653\/revisions\/1004468944"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004468674"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004468653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004468653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004468653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}