Los AngelesBlatteis & 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.

 

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.