PROJECT INFO
Life Company refinance of 51,000 SF unanchored shopping center in Corte Madera (San Francisco Bay area), CA.
FINANCE AMOUNT
$11,150,000
DESCRIPTION
Non-recourse,
Sub-4% fixed for 25 Yrs,
Lockout first 5 years, then 5%, declining by 1/2% annually until 1% in Yr 14, then 1% thereafter.
50% LTV on 6% cap;
Corte Madera, CA
Permanant Financing
Retail
