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;
Location: Corte Madera, CA
Deal Type: Permanant Financing
Property Type: Retail