$36.5 MILLION LOAN ARRANGED FOR VIRGINIA SHOPPING CENTER

by admin

BURKE, VA. — Walker & Dunlop has secured a $36.5 million loan for the 167,642-square-foot Burke Centre shopping center. The Burke property, which is 99 percent leased, houses 46 tenants and is anchored by Safeway and CVS/pharmacy. Nationwide Life Insurance Co. financed the 10-year loan, which carries a 30-year amortization schedule.

You may also like