Updated Dec 29, 2025
CBRE Arranges $57.6M Refinance Loan For NTC Shops LLC's Mixed-Use Property In Napa
1300 1st Street
$57,600,000
Building Size
—
Asset Type
Mixed-use
Closing
Dec 23, 2025
About this deal
AI
First Street Napa is a Class A mixed-use property located at 1300 1st Street in downtown Napa, with a total asset size of 162,000 square feet. This property is currently 90% leased and has secured a refinancing loan amounting to $57,600,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $57,600,000
- Loan Type: Refinance
- Loan Terms: Five-year, nonrecourse
- Market: Napa
- Landlord: NTC Shops LLC
- Brokers: Brad Zampa & Mike Walker - CBRE
CBRE arranged the refinancing for NTC Shops LLC, with the loan being provided by an East Coast–based debt fund. The transaction highlights the involvement of brokers Brad Zampa and Mike Walker, who represented the landlord in this financing arrangement.
On the Map
$57,600,000
Mixed-use
View full map
Napa Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Browse Napa mixed use loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93