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PSRS Arranges $9.4M Refinancing for Retail Center in Rancho Cucamonga, California
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PSRS Arranges $9.4M Refinancing for Retail Center in Rancho Cucamonga, California
RANCHO CUCAMONGA, CALIF. — PSRS has arranged $9.4 million for the refinancing of a neighborhood retail center in Rancho Cucamonga. Constructed in 2004, the 25,008-square-foot property is fully occupied by 14 tenants. Jonny Soleimani, George Gianoukakis and Garrett Carter of PSRS secured the non-recourse loan, which features a five-year term and a 27-year amortization schedule, through one of its correspondent life insurance companies. The post P…
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