Ralph’s Shopping Center
$12,750,000 Perm Loan
46,000 SF Neighborhood Shopping Center
El Segundo, CA
Highland secured a $12.75 million permanent loan arranged through a life insurance company. The loan had a 15-year term, five years of interest only payments, and 30-year amortization. The property is a class A, 46,000 square foot neighborhood shopping center built in December 1997. High quality tenants include Ralph’s, Starbucks, Quiznos and Robeks Juice.