REBusinessOnline

Cohen Financial Arranges $12.5M Acquisition Loan for Retail Property in Metro D.C. Leased to REI

REI-Tysons-McLean-VA

REI Tysons occupies the 32,857-square-foot retail property located at 8209 Watson St. in McLean, Va.

MCLEAN, VA. — Cohen Financial has secured a $12.5 million loan with Reinsurance Group of America for the acquisition of a retail property in McLean, about 10 miles west of Washington, D.C. Thomas Wiedeman of Cohen Financial secured the fixed-rate, non-recourse, 11-year loan with a 20-year amortization schedule and a 65 percent loan-to-value ratio for the borrower, a local commercial real estate investor. REI Tysons occupies the 32,857-square-foot, single-tenant property located at 8209 Watson St. in McLean.

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