$13M Acquisition Financing
• $13M CMBS loan
• 75% LTV
• Negotiated with lender to reduce holdback for roof replacement
• 5.25% Fixed - Non-Recourse
• 10 years Term, 30 years Amortization
Property and Location:
• 80,000 square feet shopping center
• 80% occupancy
• Palm Desert, CA
• Short due diligence window
• Required roof replacement revealed by property condition report
Working alongside clients as a true advisor, Tauro's professionals achieve results that far exceed expectations and establish trusted relationships.
The firm’s principals are steadfast in providing the resources and support necessary for its professionals to flawlessly execute in solving client’s financing needs and challenges.
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