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Silicon Valley Purchase to Back Largest Loan in New CMBS Deal

Soma Capital-Led Partnership Borrows $85 Million for Office Park Acquisition in US Tech Hub
Murphy Crossing is a 364,000-square-foot suburban Silicon Valley office complex in Milpitas. (CoStar)
Murphy Crossing is a 364,000-square-foot suburban Silicon Valley office complex in Milpitas. (CoStar)

The financing behind Soma Capital Partners and Timbercreek Asset Management's $130 million acquisition of the Murphy Crossing office park in Milpitas, California, is scheduled to be the lead loan in a new commercial mortgage-backed securities deal.

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News | Silicon Valley Purchase to Back Largest Loan in New CMBS Deal