Amount: $3,750,000
Property Type: Non-Anchored Center
Loan Type: Non-recourse
Loan Term: 10 year term

Cedar Tree
Two loans were maturing and the existing lender did not wish to renew. Caffrey & Company LLC placed a new loan on this property and another for $3,750,000 for 3-years with a 20-year amortization. The loan was open to prepayment. This allowed the property owner time to reposition the properties and to place on the market for sale.

Country Club Retail
Two loans were maturing and the existing lender did not wish to renew. Caffrey & Company LLC placed a new loan on this property and another for $3,750,000 for 3-years with a 20-year amortization. The loan was open to prepayment. This allowed the property owner time to reposition the properties and to place on the market for sale.