Bank OZK Sells $265MM Life Sciences Construction Loan for Sterling Bay’s 500,000 SQFT Pacific Center Property in Sorrento Mesa

In a move that breaks from its traditional playbook, Arkansas-based Bank OZK has unloaded one of its largest construction loans, marking what analysts describe as a potential turning point in how the lender manages troubled assets. Special situations investor Strategic Value Partners acquired the $265 million debt package in mid-December, according to deed of trust […]