Donald Devine Of Devine Family Bypass Trust Secures $4.9M Refinance Loan For Retail Asset
FINANCED
$4,900,000
California
See Similar DealsRetail
Financed 08/21/2025
FINANCED
Donald Devine Of Devine Family Bypass Trust Secures $4.9M Refinance Loan For Retail Asset
4624 Post Street
See Similar DealsRetail
Financed 08/21/2025
Summary
CALIFORNIA
Asset Type:Retail
Transaction Type:Loan
The asset involved in this transaction is a retail property located at 4624 Post Street in the El Dorado Hills market. The transaction includes a refinance loan amount of $4,900,000 with terms set for 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,900,000
- Loan Type: Refinance
- Loan Terms: 10 years
- Landlord: Donald Devine - Devine Family Bypass Trust
- Broker: Marc Cesarec - Marcus & Millichap
This transaction highlights the involvement of Donald Devine, representing the landlord through the Devine Family Bypass Trust, as well as broker Marc Cesarec of Marcus & Millichap, facilitating the refinance process for the retail property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$4,900,000.00
Monthly NOI$32,666.67
Monthly Debt Service$30,971.33
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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