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

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

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