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September 22, 2017  

JP Morgan to Refinance SF Complex

J.P. Morgan Asset Management is trying to line up $400 million to refinance a San Francisco office complex.The investment manager is seeking a fixed-rate loan on the 927,000-square-foot China Basin Landing, in the Mission Bay district. Eastdil Secured is shopping the 10-year assignment.The leverage is described as only about 50%. That could give insurance companies the inside track, although commercial MBS lenders will also compete.J.P. Morgan...

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