$16,750,000 NANAIMO

Lesser & Associates structured a $16,750,000, 10-year term loan on this 135,000 square foot grocery anchored community shopping centre located in a secondary market in Nanaimo, B.C.. The loan which was to assist in the refinancing of the subject property, was completed on a non-recourse basis. The site also contained a local chain gas station, which required creativity with regards to the environmental.

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