San Francisco (December 3, 2015) – Cohen Financial, a national real estate capital services firm, today announced that it has secured $11 million to refinance the Village Oaks Shopping Center in Martinez, California. The 108,700 square foot neighborhood shopping center is anchored by a Lucky (Save Mart) and Rite Aid. Martinez is one of the oldest towns in California and the county seat of Contra Costa County, California.
Kenneth M. Fox, CCIM, a Managing Director in Cohen Financial’s San Francisco office, originated the fixed-rate, long term loan with Lincoln Financial Group. The borrower is a San Francisco Bay area investor/owner group. The transaction closed in November 2015.
“We were able to lock in some very competitive long term fixed-rate financing on a forward basis to meet our client’s financing needs,” said Mr. Fox.
About Cohen Financial
Cohen Financial is a diversified, commercial real estate capital services firm offering debt and equity placement, loan administration and advisory services. Cohen Financial is well recognized as one of the nation’s leading loan servicers and special servicers, as well as an originator of commercial and multifamily real estate financing. Known for finding innovative solutions to meet client needs, the company maintains an Equity Practice to help borrowers complete their capital needs and an enhanced Capital Advisory and Valuation Services to assist financial institutions and investors to better evaluate assets and investment opportunities. Cohen Financial serves clients throughout the U.S. from offices in 10 major markets.