BRISTOL WARNER VILLAGE
$19,100,000 Retail Loan from Life Insurance Company
City: Santa Ana, CA
Loan amount: $19,100,000
Lender type: Life Insurance Company
Property type: Retail
Size: 80,865 SF
Transaction description
PSRS placed a 15-year term, non-recourse loan with a 30-year amortization schedule with one of its correspondent life insurance companies for this multi-tenant anchored retail center in Santa Ana, CA. Bristol Warner Village is currently 99% leased to 19 tenants including 99 Cents Only as the anchor tenant and national tenants including Chase Bank and Starbucks. PSRS leveraged one of its strong and existing lender-relationships to get them the best deal for this repeat borrower.
TRANSACTION ADVISORS
Kostas Kavayiotidis
Principal
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