4D Development Secures $23.57M Acquisition Loan From DoubleLine For Retail Asset In Rancho Cucamonga

The property asset involved in this transaction is a retail asset located at 7777 Victoria Gardens Lane in Rancho Cucamonga. The acquisition loan amount secured for this property is $23,569,000, facilitated by DoubleLine, a lender specializing in such finance arrangements.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $23,569,000
• Lender: DoubleLine
• Landlord: 4D Development
• Brokers: Jeff Sause, Alex Olson, Jalynn Borders & Danny Ryan - JLL

The deal involved key representatives from JLL, specifically Jeff Sause, Alex Olson, Jalynn Borders, and Danny Ryan, who played a crucial role in facilitating the acquisition on behalf of the landlord, 4D Development.