Meridian Capital Group Arranges $20M Loan Refinance For Retail Property In Canyon Country
FINANCED
$20,000,000
California
See Similar DealsRetail171,422 SF
Financed 06/24/2022
FINANCED
Meridian Capital Group Arranges $20M Loan Refinance For Retail Property In Canyon Country
19120 Soledad Canyon Road, Canyon Country, California 91351, United States
See Similar DealsRetail171,422 SF
Financed 06/24/2022
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$116
Total Square Footage:171,422 SF
Transaction Type:Loan
A retail property located at 19120-19266 Soledad Canyon Road in Canyon Country has been subject to a loan transaction. The property spans approximately 171,422 square feet in size.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $20,000,000
- Loan Type: Refinance
- Loan Terms: 3.95%, 3 years fixed, full term interest only
The loan for the property at 19120-19266 Soledad Canyon Road was brokered by Seth Grossman, Steve Edelstein, and John Bianco from Meridian Capital Group. The loan amount obtained was $20,000,000, and it was a refinancing arrangement. The loan terms include a fixed interest rate of 3.95% for a period of 3 years, with full term interest only payments.
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
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
$20,000,000.00
Monthly NOI$133,333.33
Monthly Debt Service$126,413.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions