We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

NY Life Unit Loans $94M For Calif. Office Project

Law360 (March 20, 2019, 6:04 PM EDT) -- The real estate lending arm of New York Life Insurance Co. has given $94.1 million in financing to California developer Westlake Realty Group Inc. for a San Mateo office project, New York Life announced Wednesday.

The loan from New York Life Real Estate Investors is for 520 South El Camino Real, which has a total of 151,000 square feet and is in the midst of a massive renovation.

Westlake Realty will use the loan proceeds to partially fund ongoing improvements at the property, according to the announcement on Wednesday.

“New York Life delivered best-in-class deal execution," Kristina Chang, president of Westlake...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS