Dominion Marketplace

$4,600,000 Refinance of a Grocery-Anchored Shopping Center in Chesapeake, Virginia.

City: Chesapeake, Virginia

Loan amount: $4,600,000

Lender type: Life Insurance Company

Property type: Retail

Size: 75,506 SF

Transaction description

Trevor Blood of PSRS arranged the $4.6 million refinance of a grocery-anchored shopping center in Chesapeake, Virginia. The subject property is a 75,506 SF shopping center anchored by Food Lion. Financed with one of our correspondent life insurance companies, PSRS provided its borrower a 25-year, limited recourse loan.