PSRS Secures $4.6 Million Refinancing for Two Retail Properties in Metro Boise

Meridian, Idaho — PSRS has secured a $4.6 million refinancing for Gramercy and Mason Creek Retail, two retail properties in Meridian, about 10 miles from Boise. Kostas Kavayiotidis and Jacob Lee of PSRS arranged the 65 percent loan-to-value, non-recourse loan on behalf of an undisclosed borrower. The financing features a 10-year term and 30-year amortization schedule. The properties consist of four retail buildings featuring 14 units across 27,022 square feet of space. All buildings were fully occupied at the time of financing by a mix of restaurants, local and national businesses.

classic-editor-remember:
classic-editor
bs_sponsor_advertiser_id:
104493
bs_sponsor_advertisement_id:
bs_ads_disabled:
abkw-text: