San Francisco (August 15, 2014) – Cohen Financial, a national real estate capital services firm, today announced that it has secured an additional loan advance of $4.3 million for a FedEx air/ground/transportation facility located near the airport in Oakland, California with good access to and from Interstate 880. In 2003, Cohen Financial secured the initial loan of $21 million with Sun Life of Canada, a Cohen Financial correspondent lender.
Paul Schroeder, a Managing Director in Cohen Financial’s San Francisco office, secured the $4.3 million loan advance also with Sun Life of Canada.
“Our client is a repeat borrower and is a credit tenant with a good relationship with Sun Life,” said Mr. Schroeder.
About Cohen Financial
Cohen Financial is a diversified, commercial real estate capital services firm offering debt and equity placement, loan administration and advisory services. Cohen Financial is well recognized as one of the nation’s leading loan servicers and special servicers, as well as an originator of commercial and multifamily real estate financing. Known for finding innovative solutions to meet client needs, the company maintains an Equity Practice to help borrowers complete their capital needs and an enhanced Capital Advisory and Valuation Services to assist financial institutions and investors to better evaluate assets and investment opportunities. Cohen Financial serves clients throughout the U.S. from offices in 10 major markets.