Old-Orchard-Santa-Clarita-Calif

iBorrow Provides $15 Million Refinancing for Santa Clarita Shopping Center

by Hayden Spiess

Santa Clarita, Calif. — iBorrow has provided $15 million in refinancing for Old Orchard Shopping Center, a 100,000-square-foot retail center located in Santa Clarita. Proceeds of the financing will retire an outstanding commercial mortgage-backed security loan and fund tenant improvements and leasing commissions. Occupants at the property, located at 23329-23449 Lyons Ave., include grocery and fast-food tenants.

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