Subscribe
Home Finance Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper
FinanceINDUSTRY newsResidential

Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper

September 28, 20263 Mins read273
Share
pepi-stojanovski-MJSFNZ8BAXw-unsplash-money
Photo by Pepi Stojanovski on Unsplash
Share

Essex Property Trust has lined up $275 million of unsecured bank debt led by Bank of America to retire short-term commercial paper, trading rolling money-market borrowing for up to five years of committed funding as the West Coast apartment landlord sells older assets, buys back stock and bets on a supply-starved rental market.

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
Cables of servers in a data center Previous post Wells Fargo Sees Higher Rate Floor Squeezing Bay Area Housing as AI Buildout Powers Data Centers

Partner Content

Hacienda sign in Pleasanton

Hacienda Edges Vacancy Below 18% as Pleasanton Campus Builds Momentum Into Year-End

ByOctober 21, 2026

2026 Northern California CRE Rising Stars

NorCal rising stars 2026

Partner Content

Hacienda Business Park

Hacienda Maintains Momentum with Steady September Leasing Activity

BySeptember 22, 2026


Recent Posts

cihat-hidir-Ys8G9cQViac-unsplash-medical office

HealthCore Foundation Buys Six-Building NorthBay Health Medical Portfolio in Solano County for $130MM

ByNovember 2, 2026
View downtown San Jose

Machine, Centurion Cut Studio Entry to $375,000 as 188 West Saint James West Tower Tops 40% Sold in San Jose

November 2, 2026
High speed rail train

California High-Speed Rail CEO Ian Choudri Exits as Agency Lands $772.1MM Siemens Train Deal and Faces 2027 Cash Crunch

November 2, 2026
California's Power Play: How AB 825 Could Reshape the Western Energy Market and Unlock Billions in Regional Savings

Google Prepays $150MM for PG&E Grid Link to 250MW Building at Meadow Point Campus in North San Jose

November 2, 2026
aubrey-odom-P26AJ97Girc-unsplash-san francisco apartment

PGIM Provides $125MM Floating-Rate Refinance for Hanover’s 377-Unit San Francisco Apartment Community

November 2, 2026
Related Articles
cihat-hidir-Ys8G9cQViac-unsplash-medical office
CommercialFinanceINDUSTRY news

HealthCore Foundation Buys Six-Building NorthBay Health Medical Portfolio in Solano County for $130MM

A six-building portfolio fully leased to Solano County’s main health system sold...

ByNovember 2, 2026
View downtown San Jose
AECINDUSTRY newsResidential

Machine, Centurion Cut Studio Entry to $375,000 as 188 West Saint James West Tower Tops 40% Sold in San Jose

Machine Investment Group and Centurion Real Estate Partners will celebrate the completion...

ByNovember 2, 2026
High speed rail train
AECINDUSTRY news

California High-Speed Rail CEO Ian Choudri Exits as Agency Lands $772.1MM Siemens Train Deal and Faces 2027 Cash Crunch

Ian Choudri stepped down as chief executive of the California High-Speed Rail...

ByNovember 2, 2026
California's Power Play: How AB 825 Could Reshape the Western Energy Market and Unlock Billions in Regional Savings
AECCommercialINDUSTRY news

Google Prepays $150MM for PG&E Grid Link to 250MW Building at Meadow Point Campus in North San Jose

Google has agreed to hand PG&E $150 million up front to wire...

ByNovember 2, 2026
© Copyright 2024 Jellywp. All rights reserved powered by Jellywp.com