Vanowen Center

Property Name: Vanowen Center
Location: Canoga Park, California
Property Type: Retail
Transaction Type: Refinance
Loan Amount: $2,650,000
Details: The borrower was looking for a 3-year loan to bridge from their current retail/office use to potential redevelopment of the property to multi-family use in the next 2-3 years. The lender offered a 3-year term and 25-year amortization at a low, fixed rate which allowed the borrower to retire the maturing CMBS note.
More Info: John Gottschall at 801-323-1023 or contact me