FINANCED
Gantry Secures $9.6M Loan For Acquisition Of The Plaza In Auburn, Sacramento
1730-1900 Grass Valley Highway
Retail
148,000 SF
148,000 SF
Financed 152 days ago
Summary
Loan
CALIFORNIA
Retail
148,000 sqft
The Plaza, a 74,000-square-foot retail center located at 1730-1900 Grass Valley Highway in Auburn, Sacramento, has been acquired by a private real estate company. Gantry, a brokerage firm, facilitated the acquisition by arranging a $9.6 million permanent loan. The loan terms include a 30-year fixed rate, providing stability for the buyer.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $9,600,000
- Address: 1730-1900 Grass Valley Highway, Auburn, Sacramento
- Market: Auburn
- Square Footage: 74,000
- Acres: 3.4
Gantry, represented by brokers Erinn Cooke and Tony Kaufmann, played a crucial role in securing the loan for the acquisition of The Plaza. The 30-year fixed-rate loan is a significant benefit for the private real estate company, providing them with stable financing for their new retail center in Auburn, Sacramento.
Players
All
3
Agents
2
Agencies
1
Details
FINANCED
IMAGE: Erinn Cooke & Tony Kaufmann
DATE: 12/13/2023
ADDRESS: 1730-1900 Grass Valley Highway
MARKET: Auburn
ASSET TYPE: Retail ~ SF: 74,000 ~ ACRES: 3.4
BROKERS: Erinn Cooke (@AdamErinnCooke) & Tony Kaufmann - Gantry (@Gantry_Inc)
LOAN AMOUNT: $9,600,000
LOAN TYPE: Acquisition
LOAN TERMS: 30-year loan, which features a fixed rate for the life of the loan
NOTE: Gantry has secured a $9.6 million permanent loan for the acquisition of The Plaza, a 74,000-square-foot retail center in Auburn, Sacramento. The financing, arranged by Gantry, features a 30-year fixed-rate loan for a private real estate company.View on map
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Address1730-1900 Grass Valley Highway
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