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520 West Lodi Avenue

Rhino Investments Group Secures $3,250,000 Acquisition Loan From BA Debt Fund In Lodi
FINANCEDRetail

Rhino Investments Group Secures $3,250,000 Acquisition Loan From BA Debt Fund In Lodi

520 West Lodi Avenue

$3,250,000

$115/SF

Building Size

28,121 SF

Asset Type

Retail

Closing

Jul 28, 2026

AI

The property is located at 520 West Lodi Avenue in Lodi, comprising a retail asset totaling 28,121 square feet. The acquisition loan amount is $3,250,000, structured with a term of 24 months.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,250,000
  • Loan Type: Acquisition
  • Loan Terms: 24 Months
  • Lender: BA Debt Fund
  • Borrower: Rhino Investments Group
  • Lender's Representatives: Mark Omid Bolour, DaJuan Bennett & Jason Huang - BOLOUR

This loan supports a repeat BOLOUR borrower implementing a retail repositioning strategy, which includes converting a vacant big box component into a multi-tenant center. The financing approach considers the Sponsor's track record and future value potential rather than solely current occupancy or cash flow.

Players

Rhino Investments Group
Rhino Investments GroupBuyer

Lodi 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

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93