San Francisco, CA –The Capital Markets Debt & Equity Finance unit of CB Richard Ellis Group Inc. (CBRE) has arranged $28 million in financing for 795 Folsom, a 185,444-square-foot office building in this city’s SoMa district. The building, which serves as headquarters for Twitter, is 100 percent leased.

The five-year, non-recourse loan carries a fixed interest rate and allows the borrower to prepay the loan in years two through five, according to CBRE. The lender is a life insurance company that CB declined to name.

“The financing definitely shows confidence that the capital markets have in the SoMa office market, and this loan is a reflection of that,” says John Nelson, a CBRE executive vice president who helped arrange the loan. He characterized 795 Folsom as having an “outstanding location, solid market demand and rent growth.”

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