The 209,288-sf Northridge Plaza Shopping Center, located on 24.2 acres, is owned by Northridge Investors, L.L.C. The 163,878-sf retail center at 300 S. Iowa St. in Marion, KS is anchored by K-Mart.
Cohen Financial also arranged an $8.3-million mortgage for the owners of a 78,000-sf medical and dental building in Marion, IL. The three-year loan was written at 80% loan-to-value. Also, the 73-unit Parkview multifamily rental complex in Caledonia, WI is collateral for a $3-million, 14-year loan, also written at 80% loan-to-value.
John Vander Zwaag of Cohen Financial was responsible for the shopping center sale as well as financing for the Marion, IL office property, which was financed by a bank. Don Trossman originated the financing for the suburban Milwaukee multifamily rental property, where the lender was a life insurance company.
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