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Glenbrook Shopping Center Lands $6M Refinance Loan

2013-06-03 15:42:00| National Real Estate Investor

Locally-based Continental Funding Group has secured a $5.99 million refinance loan for the Glenbrook Shopping Center in Sacramento, Calif. The financing is a five-year, WSJ prime-based loan. Proceeds were structured at 65 percent of value with an additional 5 percent earn-out accessible with further lease up; the facility is 86 percent occupied. read more

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