$2,300,000 Refinance of a Strip Retail Center in San Diego, California.
FINANCED Clairemont Retail
Lender:Life Insurance Company City:San Diego, California Size:24,285 SF Term:Non-recourse, flexible pre-pay, 30-year amortization
James Mulvihill and Kevin Mulvihill of PSRS arranged the $2.3 million refinance of a strip retail center in San Diego, California. The 24,285-square-foot, multi-tenant property is well-located on a busy thoroughfare and within a strong infill neighborhood. Financed with one of our correspondent life insurance companies, PSRS provided its' borrower with a non-recourse loan with a great rate, flexible prepay, and a 30-year amortization.
About PSRS Founded in 1972, PSRS is a commercial mortgage banking firm that helps real estate investors of all sizes structure and secure financing solutions that align with their investment goals.
