Shahin Yazdi placed the 70% Loan to Value for a Strip retail Center that had all “Mom and Pop” tenants. Almost all the leases were coming due in the next 3 years and the center had declining income over the last 3 years. The ten year term is priced at 4.10% for 5 years then it adjusts to 6M Libor plus 2.90%. The loan will amortize over 30 years.
