LMF Commercial Provides $23.98M Refinance Loan For Retail Center In Moorpark, CA

A refinance loan was executed on a 130,372 square foot shopping center located at 790 East Los Angeles Avenue in Moorpark, CA, anchored by Amazon Fresh and Bowlero. The transaction involved a loan amount of $23,975,000 at a 6.82% interest rate with a 10-year full interest-only term.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $23,975,000
• Address: 790 East Los Angeles Avenue
• Market: Moorpark
• Loan Type: Refinance
• Loan Terms: 6.82% Interest Rate, 10 Year Full IO
• Lender: Robert Fanto, Matt Schwartz & Justin Saleh - LMF Commercial, A Lennar Company

LMF Commercial, a subsidiary of Lennar, specializes in providing non-recourse, long-term, fixed-rate loans secured by income-producing commercial and multifamily properties across the United States. Since its founding in 2013, LMF has originated over $13 billion in loans, establishing itself as one of the largest non-bank commercial mortgage lenders in the U.S.