Gantry Arranges $11 Million Refinance Loan For Buena Park Retail Center At 5960-5990 Orangethorpe Avenue

A loan amounting to $11,000,000 was arranged for the refinance of a retail center located at 5960-5990 Orangethorpe Avenue in Buena Park. The asset is anchored by tenants such as Chick-fil-A, Starbucks, and Chipotle. The terms of the loan include a seven-year fixed-rate and it is amortized over a 30-year period, supporting the borrower's long-term hold strategy in a commercially active corridor.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $11,000,000
• Loan Type: Refinance
• Loan Terms: seven-year, fixed-rate
• Market: Buena Park
• Address: 5960-5990 Orangethorpe Avenue
• Brokers: George Mitsanas, Bahman Mirhashemi & Alicia Sabanero - Gantry

Gantry facilitated the transaction, collaborating with a correspondent insurance lender for the loan placement. This refinancing reflects a strategic decision to support the long-term goals of the borrower in a high-traffic area.