PSRS Secures $15 Million Refinancing for Courtyard Shopping Center Near San Francisco

Rite Aid anchors Courtyard Shopping Center in Pleasant Hill, roughly 25 miles outside San Francisco. Rite Aid anchors Courtyard Shopping Center in Pleasant Hill, roughly 25 miles outside San Francisco.

Pleasant Hill, Calif. — PSRS has secured a $15 million refinancing for Courtyard Shopping Center, an 85,000-square-foot retail center located roughly 25 miles outside San Francisco in Pleasant Hill.

Smart & Final, Staples and Rite Aid anchor the property. Seth Ludwick of PSRS Santa Barbara secured the non-recourse loan, which features a 25-year term, through a life insurance company. 

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