IBorrow Provides $22 Million Refinance Loan For Retail Asset In Marysville, WA
FINANCED
$22,000,000
Washington
See Similar DealsRetail226,176 SF
Financed 08/11/2025
FINANCED
IBorrow Provides $22 Million Refinance Loan For Retail Asset In Marysville, WA
105 Marysville Mall
See Similar DealsRetail226,176 SF
Financed 08/11/2025
Summary
WASHINGTON
Asset Type:Retail
Price Per Square Foot:$97
Total Square Footage:226,176 SF
Transaction Type:Loan
The property asset involved in this transaction is a retail space located at 105 Marysville Mall in Marysville, WA. The total square footage of the asset is 226,176. The loan amount secured for this property is $22,000,000, structured as a refinance with a term of 3 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $22,000,000
- Address: 105 Marysville Mall
- Market: Marysville, WA
- Asset Size: 226,176 SF
- Lender: iBorrow
- Broker: Anthony Longo - Alpha Capital CRE
- Loan Type: Refinance
- Loan Terms: 3 Year term
The key individuals involved in this transaction include Anthony Longo, who serves as the broker representing the deal through Alpha Capital CRE. The lender facilitating the loan is iBorrow, marking their involvement in this financing arrangement.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$22,000,000.00
Monthly NOI$146,666.67
Monthly Debt Service$139,054.97
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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