Santa Monica, CASanta Monica, CA Mon - Fri 09:00 AM - 06:00 PM 310-260-5900 x3

$16,050,000 Grocery Store Refinance 40% LTV, 2.4 DCR

Commercial Mortgage Refinance

Two national chain grocery stores in prime Los Angeles locations with strong sales in commercial real estate property management. Loan terms included a 67 basis point spread over the ten-year treasury, yield maintenance after a three-year lock-out, and a seven-month free rate lock. No lender fee.