Trevor Blood of PSRS arranged the $5.5 million refinance of a grocery-anchored shopping center in Benson, AZ. The subject property is a 92,373 SF shopping center anchored by Safeway. Financed with bank execution, PSRS provided its borrower a fixed, 10-year term and 25-year amortization.

Jacob Lee of PSRS arranged the $3 million refinance of a multifamily property in San Bernardino, CA. The subject property is an 83-unit, 11-building multifamily property that has a strong long-term operating history. The property is a generational asset owned by the original developer who built the property in 1966. Financed with one of our correspondent life insurance companies, PSRS provided its borrower a non-recourse, with a 10-year fixed-rate, interest-only loan with a 1% prepayment penalty.

Michael Tanner and Tony Messiah of PSRS arranged the $6.25 million refinance of a mobile home park in Costa Mesa, CA. The subject property is a garden-style mobile home park, built in 1990. In total, there are 62 units and 36 total parking spots on a 2.13-acre site. The property is well maintained and landscaped, providing an aesthetically pleasing campus for its residents. Financed with one of our correspondent life insurance companies, PSRS provided its borrower a non-recourse loan with a 15-year term and 25-year amortization.

Trevor Blood of PSRS arranged the $3.8 million refinance of a grocery-anchored shopping center in Henderson, North Carolina. The subject property is located 30 miles north of Raleigh and comprises 58,349 SF across two single-story buildings that were built in 1981 and 2003. Financed with one of our correspondent life insurance companies, PSRS provided its borrower a 25-year, limited recourse loan.

Trevor Blood of PSRS arranged the $4.3 million refinance of a grocery-anchored shopping center in Portsmouth, Virginia. The subject property is located within the Virginia Enterprise Zone and comprises 42,000 SF of gross leasable area. Built in 1999, the site consists of 191 parking spaces and is located along the busiest non-interstate corridor leading into Downtown Portsmouth. Financed with one of our correspondent life insurance companies, PSRS provided its borrower a 25-year, limited recourse loan.