Bottom Line Group Secures $7,750,000 Loan From North American Savings Bank For Retail Development
East Belmont Avenue And North Fowler Avenue & North Temperance Avenue And Owens Mountain Parkway
$7,750,000
$815/SF
Building Size
9,500 SF
Asset Type
Retail
Closing
Jul 24, 2026
AI
The asset involved in this transaction is a retail property with a square footage of 9,500, located at the intersection of East Belmont Avenue and North Fowler Avenue, as well as North Temperance Avenue and Owens Mountain Parkway in the Fresno & Clovis market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,750,000
- Lender: North American Savings Bank
- Borrower: Bottom Line Group
- Loan Type: Construction
- Brokers: Andrew Pilchick, Alex Dobosh, Jacob Kaufman & Max Rubinchik - HKS Real Estate Advisors
The deal features representation from Andrew Pilchick, Alex Dobosh, Jacob Kaufman, and Max Rubinchik of HKS Real Estate Advisors, highlighting their roles in facilitating the loan provided by North American Savings Bank to Bottom Line Group.
Players
Fresno 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
2.05%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93