Grocery Anchored Shopping Center
Advisors: Daniel Friedeberg
Lender type: Fund
Property type: Retail
Transaction type: Purchase
Loan amount: $6,300,000
Barry Slatt Mortgage President, Daniel Friedeberg along with team members Kelvin Lam and Marina Elias recently closed a $6.3m bridge loan on the acquisition of a grocery anchored shopping center in Canton, Ga.
The 3 year loan had 2 years of interest only and a flexible prepayment penalty. The loan was placed with one of Barry Slatt Mortgage Co’s correspondent lenders.