Updated Sep 3, 2025
Donald Devine Of Devine Family Bypass Trust Secures $4.9M Refinance Loan For Retail Asset
4624 Post Street
$4,900,000
Building Size
—
Asset Type
Retail
Closing
Aug 21, 2025
About this deal
AI
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.
On the Map
$4,900,000
Retail
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Players
El Dorado Hills Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93