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

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.