The transaction involves a retail asset portfolio, comprising properties located at 3200 East Anaheim Street, 5160 Vineland Avenue, 23062 Alicia Parkway, and 32301 Camino Capistrano. The total loan amount secured for this portfolio is $70 million, facilitating the financing of grocery-anchored retail centers situated across the Sun Belt and Southern California, which maintain a high occupancy rate of 97%.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $70,000,000
• Address: 3200 East Anaheim Street, 5160 Vineland Avenue, 23062 Alicia Parkway & 32301 Camino Capistrano
• Market: Long Beach, North Hollywood, Mission Viejo & San Juan Capistrano
• Lender: KeyBanc, Capital One & Synovus
• Landlord: Mark Bratt & Juyuan Wei - Westwood Financial
• Loan Terms: five-year

KeyBanc and Capital One led the syndicated term loan, which increases Westwood Financial's total credit facility to $325 million. This financing strategy underlines the company's commitment to strengthening its portfolio in key markets.