City Capital Finance arranges conduit shopping center commercial loans for purchase or refinancing of retail centers, shopping centers including single or multi-tenant, anchored or unanchored, shadow anchored, local or regional malls,
grocery shopping center and similar type properties in California. Conduit shopping center loans are suitable for good condition properties that have strong historical financials, in good locations, good demographic and ability to re-lease at market rate.
City Capital Finance can secure conduit shopping center and retail center commercial loans at competitive fixed market rates and high leverage
Shopping center conduit loan offers investors the lowest fixed rate financing available in the capital market. Other advantages of shopping center conduit financing are high leverage and non recourse option
Anchor shopping center properties: Anchored by major tenants including department stores, drug stores, grocery stores, coffee shops or discount stores. The anchored shopping centers are strongly preferred by conduit lenders.
Shopping center must be stable with staggered leases and anchor tenant lease terms must comply with the conduit loan fixed rate terms.
Shadow anchor shopping center properties:There must be at least one major anchor tenant at close proximity of the subject shopping center. Tenant mix should be diverse and complimentary with long term leases.
Unanchored shopping center properties:Properties must be located in highly desirable market with complimentary tenant mix and long term leases.
- Minimum Conduit shopping center commercial loan is $1M
- 5-20 year loan term
- 25-30 year amortization
- As high as 80% loan to value
- Non-recourse loan
- Acquisition, refinance or cash out
- Stabilized office building property
- Diverse and complimentary tenant mix
- Multiple pre-payment options
- Minimum 1.25 debt service coverage ratio
- Strong management/sponsor required
- Minimum 3 years of historical financials
In addition to shopping center conduit loans, City Capital Finance arranges shopping center loans for all types single tenant, multi-tenant and other similar types of shopping centers in California. We secure SBA loans, conventional
and un-conventional shopping center commercial loans with full and stated income documentation. For more information on shopping center financing, please click here
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