facebook
Traded Co logo
Submit
Daily limit: 0/10

Gantry Arranges $29.2M Refinance Loan For Goodyear Retail Center

Property Image
FINANCED
$29,200,000

Arizona

See Similar Deals
Retail640,000 SF
Financed 06/27/2024
the dealplayerscompscontact
Property Image
FINANCED

Gantry Arranges $29.2M Refinance Loan For Goodyear Retail Center

15277 West Mcdowell Road & 15475 West Mcdowell Road

See Similar Deals
Retail640,000 SF
Financed 06/27/2024
Contact now

Summary

ARIZONA
Asset Type:Retail
Price Per Square Foot:$45
Total Square Footage:640,000 SF
Transaction Type:Loan

The Haagen Company secured a $29.2 million permanent loan to refinance Goodyear Centerpointe, a 320,000-square-foot retail center located at 15277-15475 West Mcdowell Road in Goodyear, AZ. The loan, facilitated by Gantry, is a 20-year fixed-rate loan covering tenants such as Conn’s Appliances and EOS Fitness. It includes a 20-year amortization schedule and a prepayment stepdown after 10 years.

Summary of transaction details:

Gantry played a pivotal role in arranging the $29.2 million permanent loan for the Haagen Company to refinance the retail center. Alicia Sabanero, Braden Turnbull, and Patrick Barkley from Gantry served as the brokers in the transaction, ensuring a successful refinancing deal for Goodyear Centerpointe. In addition to the well-structured loan terms, the involvement of these professionals highlights the expertise and efficiency behind the financial arrangement.

Players

Patrick Barkley
4 deals$78.8M volume
BROKER

Alicia Sabanero
Gantry
7 deals$237M volume(310) 846-5305
BROKER

Braden Turnbull
Gantry
9 deals$311M volume(310) 846-5301
BROKER

Details

FINANCED
IMAGE: 06/27/2024 ADDRESS: 15277-15475 West Mcdowell Road MARKET: Goodyear, AZ ASSET TYPE: Retail ~ SF: 320,000 LANDLORD: The Haagen Company BROKERS: Alicia Sabanero, Braden Turnbull & Patrick Barkley - Gantry LOAN AMOUNT: $29,200,000 LOAN TYPE: Refinance LOAN TERMS: 20-year, fixed-rate loan NOTE: Gantry arranged a $29.2 million permanent loan to refinance Goodyear Centerpointe, a 320,000-square-foot retail center in Goodyear, AZ. The 20-year, fixed-rate loan for the Haagen Company covers tenants like Conn’s Appliances and EOS Fitness, and includes a 20-year amortization and a prepayment stepdown after 10 years.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$29,200,000.00

Monthly NOI$194,666.67
Monthly Debt Service$184,563.86
Change in Cash Flow$0.00
Refinance Proceeds$0.00