Advisors: Daniel Friedeberg
City: Vallejo
State: California
Lender type: CMBS
Property type: Retail
Transaction type: Permanent Loan
Loan amount: $18,000,000

Barry Slatt Mortgage President Daniel Friedeberg recently secured a $18,000,000 loan on a 239,739 sqft grocery-anchored shopping center in Vallejo, CA. The anchor, Seafood City, was a regional tenant with a short term left on the lease. The loan was placed with Redwood Trust, one of Slatt’s correspondent conduit lenders who was able to structure around the rollover risk. Friedeberg was chosen for the assignment because of his strong lending relationships and ability to structure complex loans.

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