KeyBank Provides $26.8 Million in CMBS Financing for Enos Ranch in California

Santa Maria, Calif. — KeyBank Real Estate Capital has provided a $26.8 million CMBS loan for Enos Ranch, a shopping center in Santa Maria.

Built in 2017, the 119,760-square-foot property is home to 10 tenants. Dick’s Sporting Goods anchors the center. John Loshbaugh of KeyBank’s Commercial Mortgage Group arranged the 10-year, fixed-rate loan with a 30-year amortization schedule. The undisclosed borrower used the loan to refinance existing debt.