Rodeo Lending Closes a $2,730,000 Big Box Retail Property Refinance in Kohler, WI

Category

Tags

Property Type

Loan Type

August 5, 2021

The subject property is a 30,038 sq ft single-tenant retail building leased to Best Buy. Borrower’s current loan came due, and he needed a short-term bridge with a zero pre-payment penalty in order to give him the time needed to finalize the property’s sale. The borrower will exit Rodeo’s loan with a sale of the property.

DEAL HIGHLIGHTS:

  • 70% Loan to Value
  • Experienced Repeat Borrower
  • ZERO Prepayment Penalty

You May Also Like…

$5,500,000 Cash-Out Refinance

$5,500,000 Cash-Out Refinance

PAIA, HI- For a cash-out refinance, our repeat borrower wanted to utilize the existing equity in their beautiful...

Rodeo Lending
Loading...