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Retail

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Multi-Market

Updated Jul 24, 2026

Big V Property Group Secures $21.5 Million Refinance Loan For Retail Properties
FINANCEDRetail

Big V Property Group Secures $21.5 Million Refinance Loan For Retail Properties

$21,500,000

Building Size

Asset Type

Retail

Closing

Jul 27, 2025

About this deal

AI

The transaction involved a retail asset with a loan amount of $21,500,000. The loan type was refinance, and the landlord is Big V Property Group. The asset operates at 100% occupancy and managed to secure a competitive interest rate below 6% on a bank balance sheet, applied across all NNN properties.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $21,500,000
  • Loan Type: Refinance
  • Landlord: Big V Property Group
  • Date: 7/28/2025
  • Market: Multi-Market

Key individuals involved in the transaction include Jeffrey Rosenberg and Bryan Kallenberg, representing the landlord in this deal. Their efforts contributed to securing favorable financing terms for the Big V Income Fund, reflecting the asset's strong occupancy rate and financial performance.

Players

RB
Regional BankLender

Market 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

0.74%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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