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.
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