Food Truck Court – Refinance


Berkeley, CA

Funding Purpose

Tauro Capital Advisors, Inc. was engaged on an exclusive basis to place debt for the refinance of a retail property located in Berkeley, CA.

Property Description

The asset is a retail property designed to be a food truck court. There are three buildings and 11,000 squre feet of open space for the court in a gentrifying area.


The sponsor has 15 years of experience in managing distressed properties, development, and construction. He’s overseen 20 projects.


  • Sponsor looking for proceeds to renovate the area to cater towards a new crowd.


  • Funding secured with a major bank even though it’s a unique asset, and great terms were given.


  • Loan to Value: 70%
  • Interest Rate: 5.25%
  • Amortization: 25 years
  • Term: 10 years
  • Recourse: Non-recourse

Managing Director  | Capital Advisor