La Puente Village Retail Center – Refinance

La Puente, CA


Funding Purpose

Tauro Capital Advisors, Inc. was engaged on an exclusive basis to place debt on the refinance of a strip mall located in La Puente, CA.

Property Description

The property is a 20-unit strip mall. Fifteen tenants currently occupy 20 of the units, and they pay all expenses except management. The average suite is 2,500 SF.


The sponsor is the widow of a real estate investor who was left commercial real estate assets. Her financials are strong.


  • The sponsor did not know much about the properties or real estate investment.


  • Tauro was able to educate her on real estate and provide advice that helped tremendously.
  • Funding secured with a credit union that was able to get the sponsor great terms.


  • Loan to Value: 60%
  • Interest Rate: 3.75%
  • Amortization: 30 Years
  • Term: 10 Years
  • Recourse: Payment guarantee
  • Prepayment: No penalty

Senior Director  | Capital Advisor