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.