A10 Provides $14.6 Million Recapitalization Financing to Phoenix Shopping Center

by Nate Hunter

Goodyear, Ariz. – The commercial mortgage is secured by a Class A anchored retail shopping center and provided approximately 55 percent leverage.

Goodyear, Ariz. – A10 Capital has funded a $14.6 million non-recourse bridge loan to recapitalize Canyon Trails Towne Center, located in a suburb 21 miles west of Phoenix. The mortgage is secured by a Class A anchored retail shopping center and provided approximately 55 percent leverage. The loan was placed with A10 by HFF, LP.

Scott Reid

 

 

 

 

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