Procured high net worth private investor that met specific financial requirements to assume and re-cast an existing swap rate loan.
The Hanley Investment Group Advantage
- Procured High Net Worth Private Investor from Southern California
- Buyer Assumed and Re-Cast Swap Rate Loan with Wells Fargo Bank
- Buyer Met Specific Financial Requirements with Wells Fargo to Properly Qualify and Assume the Existing Loan
- Record Low Cap Rate for Grocery/Drug Anchored Shopping Center in the Coachella Valley
Sale Specifics
- Grocery/Drug Anchored Shopping Center
- 96,000 SF; 90% Occupancy
- Anchored by Stater Bros, Walgreens, True Value Hardware