PSRS Brokers Secure $15M Refinancing Loan For Retail Property In Orange, CA
FINANCED
California
See Similar DealsRetail40,323 SF
Financed 11/02/2022
FINANCED
PSRS Brokers Secure $15M Refinancing Loan For Retail Property In Orange, CA
146 South Main Street
See Similar DealsRetail40,323 SF
Financed 11/02/2022
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$372
Total Square Footage:40,323 SF
Transaction Type:Loan
The retail property located at 146 S Main St in Orange, CA has recently undergone a refinancing loan transaction. This property spans a total of 40,323 square feet, situated on 3.1 acres of land. The loan amount for this transaction was $15,000,000, and it was a non-recourse loan with a 10-year term and 30-year amortization.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $15,000,000
- Address: 146 S Main St, Orange, CA
- Market: Orange, CA
- Asset Type: Retail
- Square Footage: 40,323
- Acres: 3.1
Michael Tanner and Tony Messiah from PSRS served as the brokers for this refinancing loan transaction.
Players
Details
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$15,000,000.00
Monthly NOI$100,000.00
Monthly Debt Service$94,810.20
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions
