Non-recourse fixed-rate loan for retail acquisition

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$9,800,000
Hospitality icon
Big-box Shopping Center
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CMBS
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California, Maryland
South Plaze

Acquisition Financing of Stabilized Retail Center

Steve Mench arranged this non-recourse fixed-rate acquisition loan for the buyers of a large big-box retail center. The property was fully stabilized. The loan was used to leverage up their equity returns.

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