Calmwater Capital Refinances Retail Properties In Jackson, Michigan & Des Moines, Iowa For $26M

A retail property located at 1250 Boardman Rd in Jackson, Michigan and 4100 Merle Hay Rd in Des Moines, Iowa has recently undergone a refinance transaction. The property spans across 377,544 square feet, offering significant retail space in both markets. The transaction took place on November 18, 2022, and was documented in an Instagram post by Anthony Longo.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $26,000,000
• Market: Jackson, Michigan & Des Moines, Iowa
• Lender: Calmwater Capital
• Broker: Anthony Longo - Alpha Capital

Anthony Longo from Alpha Capital played a crucial role in facilitating this refinance deal for the retail property. The transaction involved securing a loan amount of $26,000,000 from Calmwater Capital. The refinance transaction not only ensures financial stability but also highlights the growing importance of retail properties in Jackson, Michigan, and Des Moines, Iowa.