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Matthews™ Capital Markets Executes $4.15M Loan for San Bernardino Medical Office

Single-tenant San Bernardino medical office building on East 21st Street with palm trees and covered entry

LOS ANGELES, CA—Matthews™ Capital Markets (MCM), a fully integrated and dedicated financing division of Matthews™, secured a $4,152,000 loan for a single-tenant medical office building located at 399 East 21st Street in San Bernardino, California. Matthews™ represented the borrower, San Bernardino M.O.B., LLC, whose refinancing will generate approximately $1.2 million in cash-out proceeds after acquiring the property 18 months ago.

Located directly across from Dignity Health Community Hospital of San Bernardino, the 13,194-square-foot medical office building benefits from a strategic healthcare location with strong visibility and convenient access for patients and medical professionals. The property is leased to a long-term medical tenant, providing stable cash flow and reinforcing its position as a durable healthcare investment.

The cash-out refinancing was structured with a 5.75% fixed interest rate, a 10-year term with a five-year rate reset, and a 25-year amortization schedule. Matthews™ leveraged his extensive lender relationships and market expertise to provide certainty of execution and a financing solution aligned with the borrower’s long-term investment objectives.

For more information, please contact a Matthews™ Capital Markets specialized agent or visit www.matthews.com.

About Matthews™ Capital Markets

The Matthews™ Capital Markets (MCM) is a fully integrated and dedicated financing division of Matthews™. MCM provides capital solutions for all property types across the U.S.

 

 

PRESS CONTACT

Sophia Biazus

(562) 447-6918

sophia.biazus@matthews.com

 

 

Capital Markets

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