IBorrow Provides $22 Million Refinance Loan For Retail Asset In Marysville, WA
105 Marysville Mall
$22,000,000
$97/SF
Building Size
226,176 SF
Asset Type
Retail
Closing
Aug 10, 2025
AI
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.
Players
Marysville 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
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93