Mixed Use Shopping Center – Acquisition

Chino Hills, CA


Funding Purpose

Tauro was exclusively engaged to place a loan for the acquisition of a mixed-use/retail property.

Property Description

The property is a 6-tenant retail center located in Chino Hills, CA. The property is 100% leased with long-term tenants of which a majority are national/regional tenants.


The sponsor is an experienced real estate investor with a strong commercial real estate portfolio consisting of 16 properties over various asset classes.


  • Sponsor looking to make the purchase with 1031 exchange proceeds.
  • Timeline was made even tighter since this property was discovered after one was already in place.


  • Funding done with an institutional lender that was able to give good terms and a quick close meeting the reduced timeline.


  • Loan to Value: 50%
  • Interest Rate: 3.5%
  • Amortization: 25 years
  • Term: 10 years
  • Recourse: Recourse
  • Prepayment: 2% fee

Managing Director  | Capital Advisor