Natixis provides an $82.5 million loan for an office campus located in Santa Ana, California
Natixis announced today that it has provided an $82.5 million floating-rate financing to a U.S. based institutional investment manager for the refinancing of a five-property office campus, located in the City of Santa Ana, Orange County, California, totaling approximately 435,000 square feet.
The property benefits from immediate access to the Costa Mesa Freeway and consists of five, two-story, interconnected buildings which are leased to a variety of government, non-profit and healthcare tenants.
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About Groupe BPCE
Groupe BPCE is the second-largest banking group in France. Through its 100,000 staff, the group serves 36 million customers – individuals, professionals, companies, investors and local government bodies – around the world. It operates in the retail banking and insurance fields in France via its two major networks, Banque Populaire and Caisse d’Epargne, along with Banque Palatine and Oney. It also pursues its activities worldwide with the asset & wealth management services provided by Natixis Investment Managers and the wholesale banking expertise of Natixis Corporate & Investment Banking. The Group's financial strength is recognized by four credit rating agencies with the following senior preferred LT ratings: Moody's (A1, stable outlook), Standard & Poor's (A, stable outlook), Fitch (AA-, negative outlook) and R&I (A+, stable outlook).
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