Brentwood Town Center Secures CMBS Refinancing

The owner of the Brentwood retail property closes on a $17.5 million loan, which was placed with a Wall Street Bank.

Blatteis & Schnur has secured a $17.5 million CMBS loan to refinance the Brentwood Town Center. The 10-year interest-only loan was placed with a Wall Street investment bank and  was priced at 3.25% equating to a loan of more than $1,350 per square foot.

Brentwood Town Center, a 12,845-square-foot boutique, High Street retail shopping center located on San Vincente Boulevard in Los Angeles’ Brentwood neighborhood.

Sonnenblick-Eichner Co. secured the funds on behalf of the borrower.

Recommended Stories