$9.5 Million Refinance Loan Closed For Retail Center In Anaheim By Meridian Capital Group

The asset involved in this transaction is a retail property located at 5642 East La Palma Avenue in Anaheim Hills Village Center, Anaheim. The property encompasses a total square footage of 26,220 and is associated with a refinance loan amount of $9,500,000.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $9,500,000
• Loan Type: Refinance
• Loan Terms: 6.65% Fixed for 3 Years, 12 Months IO Followed by 30 Year Amortization, Flexible Prepayment Penalty, Non–Recourse
• Brokers: Morgan Ben-Moshe, David Oheb & Max Jacobson - Meridian Capital Group
• Date: 12/10/2024

This transaction was facilitated by brokers Morgan Ben-Moshe, David Oheb, and Max Jacobson from Meridian Capital Group. Notably, the financing was completed in 41 business days, demonstrating the efficiency of the brokerage in executing this deal.