Gantry Secures $46.5 Million Loan For The Plaza At Golden Valley Retail Center In Santa Clarita

The Plaza at Golden Valley is a retail center located at 19001-19415 Golden Valley Road in Santa Clarita, featuring a total square footage of 600,000. The asset is anchored by major tenants such as Trader Joe’s, TJ Maxx, and PetSmart. Gantry secured a loan amount of $46,500,000 to finance this transaction, structured as two separate loans with specific terms including non-recourse and a 30-year amortization period.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $46,500,000
• Loan Terms: 10-year, interest-only introductory periods, non-recourse terms and 30-year amortization
• Address: 19001-19415 Golden Valley Road
• Market: Santa Clarita
• Asset Size: 600,000 SF
• Brokers: Alex Poulos, Joe Foley & Tony Kaufmann - Gantry

Gantry played a crucial role in brokering this deal, engaging with insurance company correspondents to arrange the permanent loans to maximize flexibility for the private investor owner. This financing arrangement ensures that the investor can navigate their investment strategy effectively while benefiting from the strong tenant base of the retail center.