81
San Diego – The loan replaced the existing maturing loan provided by MetroGroup in 2004 for a 10-year, fixed-rate term at a 63 percent loan-to-value ratio.
San Diego – MetroGroup has secured a $10 million loan to refinancing of the 4S Ranch Village Center, a 30,606-square-foot neighborhood center located 25 miles north of San Diego. The property is owned by Bule Stoddard Group. The loan replaced the existing maturing loan provided by MetroGroup in 2004 for a 10-year, fixed-rate term at a 63 percent loan-to-value ratio. Tenants of 4S Ranch Village Center include Flippin’ Pizza, Postal Annex, Sport Clips, Starbucks and more.
— Scott Reid