The 25,008-square-foot retail center in Rancho Cucamonga, California, is fully occupied by 14 tenants.

PSRS Negotiates $9.4 Million in Refinancing for Retail Center in Rancho Cucamonga, California

by Abby Cox

Rancho Cucamonga, Calif. — PSRS has negotiated a $9.4 million loan for the refinancing of a 25,008-square-foot neighborhood center in Rancho Cucamonga. Constructed in 2004, the retail property is fully occupied by 14 tenants. Jonny Soleimani, George Gianoukakis and Garrett Carter of PSRS secured the non-recourse loan, which features a five-year term and a 27-year amortization schedule, through one of its correspondent life insurance companies.

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