PSRS Arranges $14.5 Million Loan for Central Valley Plaza Shopping Center in California

by Hayden Spiess

Modesto, Calif. — PSRS has arranged $14.5 million in permanent debt for Central Valley Plaza, a retail center located in Modesto. Walmart and Kohl’s anchor the property. Michael Thorp of PSRS secured the 10-year loan through a life insurance company on behalf of the undisclosed borrower.

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