REBusinessOnline

Berkadia Arranges $15.4M CMBS Loan for Retail Asset Near San Antonio

NEW BRAUNFELS, TEXAS — Berkadia has arranged a $15.4 million CMBS loan for the refinancing of Courtyard Plaza, a retail strip center located near I-35 in New Braunfels, a suburb of San Antonio. Argentic provided the loan, which carries a 10-year term and a fixed interest rate. The borrower was not disclosed. The deal closed on August 27.

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