Gantry Arranges $11 Million Refinance Loan For Buena Park Retail Center At 5960-5990 Orangethorpe Avenue
California
See Similar DealsGantry Arranges $11 Million Refinance Loan For Buena Park Retail Center At 5960-5990 Orangethorpe Avenue
5960 Orangethorpe Avenue & 5990 Orangethorpe Avenue
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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.
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