Local Owner Obtains $14.2MM Permanent Loan from Avid Bank for Neighborhood Shopping Center in Milpitas

(Editor's Note: The property owner is Alameda-based V & Victoria, which purchased the site in 2013 for $15 million, or approximately $312 per square foot. The lender of the most recent loan is San Jose-based Avid Bank, and the loan carries a variable interest rate, based on public documents. A previous loan issued in 2018 […]