Skip to main contentSkip to footer
Building

Transaction Details

Victorville, CA property
Victorville, CA property

Retail Center

$9,600,000

Victorville, CA

Retail Center

  • Rate: 6%
  • Loan-To-Value: 55%
  • Project Type: Retail Center
  • Term: 10 Year Fixed
  • Guaranty: Recourse

Transaction Overview

Max Benjamin Partners, Inc. (“MBP”) successfully arranged a $9.6 million permanent loan refinance for a grocery-anchored retail center located in Victorville, California. The new financing refinanced an existing CMBS loan with a Life Company execution, delivering a smoother, more relationship-driven servicing experience and freeing the sponsor from the rigid structure and administrative burden typical of conduit debt.

Working with a repeat client, MBP leveraged its capital relationships to secure a 6% fixed rate at application, providing valuable rate certainty amid a volatile interest rate environment. The loan was structured at a 55% loan-to-value (LTV) with a 10-year fixed term, 30-year amortization, and recourse guaranty, ensuring long-term stability and predictable cash flow for the sponsor. The Life Company structure further enhanced loan flexibility and servicing quality, aligning the financing with the sponsor’s goals for operational efficiency and asset longevity.

This transaction showcases MBP’s ability to strategically reposition stabilized retail assets with tailored permanent financing solutions that optimize borrower experience and long-term value. By replacing restrictive CMBS debt with a streamlined Life Company execution, MBP delivered meaningful savings, a more collaborative lender relationship, and a long-term structure designed to support continued success in the sponsor’s growing retail portfolio.

MBP specializes in debt and equity placement for all asset classes. Our extensive network of unique capital sources in development and permanent financing and extensive capital markets knowledge allows us to tackle a wide variety of transactions, regardless of complexity or size, to benefit our clients.

MBP has a team of dedicated and experienced finance professionals with you at every step. We are consistently improving and expanding our capital market relationships and are committed to exceeding our client's expectations through these relationships, innovative solutions, and outstanding work ethic.

Intermediaries Team

Let's get started.

Work with us to see what our talented team, vast network of debt and equity providers, and capital markets expertise can do for you.

Contact us