Gateway to Temecula
$2,350,000 Mixed-Use Loan from Life Insurance Company
City: Temecula, CA
Loan amount: $2,350,000
Lender type: Life Insurance Company
Property type: Mixed-Use
Size: 7,690 SF
Transaction description
Dave Semmer of PSRS arranged the $2.35 million refinance of a mixed-use property in Temecula, California. The subject property is a 7,690-square-foot, two-story office and retail building known as Gateway to Temecula. Financed with one of our correspondent life insurance companies, PSRS provided its borrower a 60% LTV, seven-year fixed-term loan amortized over 25 years.
TRANSACTION ADVISORS
David Semmer
Principal
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