Thomas Rudinsky Of PSRS Secures $4.5M Refinance For Vallejo Retail Buildings

The property involved in this transaction consists of two retail buildings totaling 16,452 square feet located at 21 Rancho Sq, Vallejo. The transaction involved a loan amount of $4,500,000 for refinancing the asset.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,500,000
• Loan Type: Refinance
• Loan Terms: 3-year term, 25-year amortization, 60% LTV
• Units: 10
• Broker: Thomas Rudinsky - PSRS- Pacific Southwest Realty Services

Thomas Rudinsky arranged the refinancing deal for the retail buildings with options for rate resets from a correspondent life insurance company, contributing significant expertise and facilitating the transaction.