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Published on 11/6/2019 in the Prospect News Bank Loan Daily.

Shorenstein Properties secures $350 million loan from Barclays

By Sarah Lizee

Olympia, Wash., Nov. 6 – Shorenstein Properties LLC got a $350 million loan to finance the leasehold position of 1407 Broadway, a 43-story, 1.1 million-square-foot office building, according to a press release.

JLL Capital Markets worked on behalf of Shorenstein to place the five-year loan with Barclays.

Shorenstein Properties is a real estate firm based in San Francisco.


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