Meridian Capital Group Secures $10.3 Million Refinance For Vermont Village Shopping Center In Torrance

The asset involved in this transaction is a 60,000 SF retail shopping center located at 21720 South Vermont Avenue in the Vermont Village Shopping Center, Torrance, CA. A refinance loan in the amount of $10,300,000 has been secured for the property.

Summary of transaction details:

• Property Type: Retail Shopping Center
• Transaction Amount: $10,300,000
• Loan Type: Refinance
• Address: 21720 South Vermont Avenue - Vermont Village Shopping Center
• Market: Torrance, CA
• Brokerage Firm: Meridian Capital Group

The brokers representing the deal are Morgan Ben-Moshe, David Oheb, and Max Jacobson. They successfully secured financing after the borrower selected their team based on their capability to provide competitive terms. Meridian Capital Group specializes in arranging financing for various property types, including multifamily and mixed-use assets, across California and beyond.