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Donald Devine Of Devine Family Bypass Trust Secures $4.9M Refinance Loan For Retail Asset

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FINANCED
$4,900,000

California

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Retail
Financed 08/21/2025
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FINANCED

Donald Devine Of Devine Family Bypass Trust Secures $4.9M Refinance Loan For Retail Asset

4624 Post Street

See Similar Deals
Retail
Financed 08/21/2025
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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.

Players

Marc Cesarec
5 deals$70M volume
BROKER

Details

FINANCED
IMAGE: Marc Cesarec DATE: 08/21/2025 ADDRESS: 4624 Post Street MARKET: El Dorado Hills ASSET TYPE: Retail LANDLORD: Donald Devine - Devine Family Bypass Trust BROKER: Marc Cesarec (@CRELoanPro) - Marcus & Millichap (@MarcusMillichapInc) LOAN AMOUNT: $4,900,000 LOAN TYPE: Refinance LOAN TERMS: 10 years

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Deal Type
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