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$92MM Mixed-use Project in Palo Alto Gets Preferred Equity Investment from Pearlmark

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Palo Alto, Pearlmark, Silicon Valley, Bay Area, Greystone, Clara E. Chilcote Trust, College Terrace Centre, J.P. Morgan Chase
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By Jon Peterson There is a $92 million mixed-use development project in Palo Alto that will be delivered to the market this summer. One part of the financial backing for the project is a $17.3 million preferred equity investment contributed by Chicago-based Pearlmark. “The kind of structure that we used on our investment will allow […]

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