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Article: Prudential Mortgage Capital Originates $5.6 Million Mortgage Loan With WHY 1671 Investments.
- Article from:
- Business Wire
- Article date:
- August 14, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
SAN FRANCISCO--(BUSINESS WIRE)--Aug. 14, 2001
Prudential Mortgage Capital Company, a business of The Prudential Insurance Company of America, announced today that it recently originated a $5.6 million commercial mortgage loan for its conduit to WHY 1671 Investments Inc.
The loan is secured by 1671 The Alameda, a San Jose, Calif., office building built in 1961. The building is 99% occupied by tenants including the San Jose Police Department and the California Department of Justice. Daniel Friedeberg of Barry Slatt Mortgage Co. of Burlinghame, Calif., arranged the transaction. Shais Khan was the Prudential loan officer on the ...