The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 28, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



RETAIL NEWS
Printer-friendly Version   Email an Associate
Sacramento Area Retail Center Lands $16.75 mil Refi

1/09/23

Market Place at Town Center, a 134.6k sf retail center in El Dorado Hills, CA, landed a new refi loan for $16.75 mil. El Dorado Hills is a suburb of the Sacramento MSA.

The property is located at the intersection of Hwy 50 and Latrobe Rd in the heart of the affluent, master planned community’s 2.5 msf El Dorado Hills Town Center retail district. Anchored by Nugget Markets grocers, Market Place also includes a wide range of retail, restaurant, convenience, beauty, and professional services tenants.

Robert Slatt and Andrew Ferguson with Gantry secured the financing on behalf of the borrower, a private real estate investor. The 10-year, fixed-rate, non-recourse loan was secured from a regional bank lender at an attractive rate conducive to the sponsor’s legacy hold strategy. According to Slatt, grocery anchored retail centers remain solid performers post COVID, with a range of lenders willing to fund loans for centers like Market Place at Town Center featuring these essential retailers.





Return to the Archive page
 
 
 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media