Updated Feb 5, 2025
Barclays Provides $56.5M Refinance Loan For Retail Property In Rocklin
6600 Lonetree Blvd
$56,500,000
$155/SF
Building Size
363,479 SF
Asset Type
Retail
Closing
Jan 19, 2023
About this deal
AI
The retail property located at 6600 Lonetree Blvd in Rocklin has been involved in a recent loan transaction. Spanning across 363,479 square feet, the property is characterized by its substantial size. The loan, facilitated by Barclays and brokered by Anthony Longo of Alpha Capital CRE, amounted to $56,500,000. The loan type is a refinance, offering the borrower an opportunity to potentially access better terms or capital.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $56,500,000
- Loan Type: Refinance
- Loan Terms: 5 Year CMBS
This loan transaction involved key individuals and companies. Barclays, serving as the lender, provided the necessary funds to facilitate the refinance. Additionally, Anthony Longo from Alpha Capital CRE acted as the broker, representing the interests of the borrower. Together, these parties worked to organize a successful loan deal for the retail property located at 6600 Lonetree Blvd in Rocklin.
Players
Rocklin 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
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93