SAN FRANCISCO, CA – HFF announced today that it has arranged the sale of a senior mortgage loan secured by Green Valley Station (top left photo), a 52,245-square-foot, CVS-anchored retail center in Cameron Park, California.
HFF marketed the $11.5 million loan on behalf of a major financial institution. The loan was originated by the lender in 2006 to fund the construction of the collateral property.
The loan had an original funding balance of $17.5 million before it was later modified to reduce to total funding to $15.8 million.
Completed in 2007, Green Valley Station is 69 percent leased to CVS, Starbucks, El Dorado Fitness and Sears Hometown Store. The property is located at 3000 Green Valley Road about 20 miles east of Sacramento in Cameron Park.
The HFF team representing the seller was led by managing director Nicholas Bicardo (middle right photo), senior managing director Gerry Rohm (lower left photo) and director Daniel O’Donnell.
Contacts:
NICHOLAS T. BICARDO
HFF Managing Director
(415) 276-6300
DANIEL J. O’DONNELL
HFF Director
(214) 265-0880
KRISTEN MURPHY
HFF Associate Director, Marketing
(713) 852-3500
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