Alpha Capital CRE Secures $28M Refinance Loan For Retail Properties In Fallon Nevada, Manitowoc Wisconsin, And Rockford IL With Lender RRA
2105 Williams Avenue; 3415 Calumet Avenue, & 6260-6380 East State Street
Retail
Financed 1 year ago
Summary
The property asset involved in this closed transaction is a retail property located at 2105 Williams Ave, Manitowoc, Wisconsin; 3415 Calumet Ave, Manitowoc, Wisconsin; and 6260-6380 E State St, Rockford, Illinois. The transaction took place in Fallon, Nevada; Manitowoc, Wisconsin; and Rockford, Illinois markets. The property type is retail.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $28,000,000
- Loan Type: Refinance
- Loan Terms: $28M non-recourse loan with one extension option. In addition to refinancing the existing debt, the loan includes follow-on funding for tenant improvements and leasing commissions.
The lender involved in this transaction is RRA. Anthony Longo from Alpha Capital CRE acted as the broker for the deal.
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2105 Williams Avenue; 3415 Calumet Avenue, & 6260-6380 East State Street
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