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
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