Shopping Center Refinance
Property Type: Retail
Client Overview
Existing client of MacKenzie Capital, LLC, the owner of a local retail center reached out to MacKenzie for assistance in securing interim financing.Having lost 25 percent of its existing tenant roster to a contiguous regional mall, the owner was looking for advisory services in capitalization structure while repositioning the project to attract new retailers.
Approach and Results
Having placed the client’s initial debt with a life insurance company more than a decade prior, MacKenzie was able to identify a bridge financing option on a non-recourse basis and provide “good-news money” that would allow the client to move forward with its re-tenanting plan.
Services Provided
- Bridge Financing
