LA Single Property
Retail Shopping Center
South Pasadena, CA
$5,625,000
69,418 Sq. Ft. | Life Insurance Company
Overview
The improvements, built in 1962 and renovated in 1999, are a 15-unit retail Ace Hardware anchored shopping center located on a heavily trafficked thoroughfare in South Pasadena. Owner needed to refinance the existing debt plus cash out. Pathfinder placed the loan with a correspondent life company lender with the self-amortizing terms the owner required.
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