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Case Study:

Michaels Plaza

Riverside, CA

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Successfully expedited and guided buyer through the CMBS loan assumption process to satisfy their 1031 exchange.

The Hanley Investment Group Advantage

  • Effectively Guided Buyer through High Leveraged CMBS Loan Assumption
  • Successfully Achieved Buyer’s 1031 Exchange Deadline with Expedited Escrow
  • Maintained Original Contract Price Despite Multiple Tenants Vacating During Escrow
  • Overcame Short Term Anchor Leases of Michaels and David’s Bridal

Sale Specifics

  • 62,834 SF Community Shopping Center
  • Anchored by Michaels and David’s Bridal
  • Situated at One of the Busiest Intersections in Riverside County
  • Located Across the Street from the 1.1 Million Square Foot Tyler Galleria