{"id":1004125530,"date":"2015-08-18T06:47:06","date_gmt":"2015-08-18T14:47:06","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=358297"},"modified":"2020-05-12T03:51:14","modified_gmt":"2020-05-12T11:51:14","slug":"hff-lines-up-refinancing-for-southern-california-retail-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-lines-up-refinancing-for-southern-california-retail-asset\/","title":{"rendered":"HFF Lines Up Refinancing for Southern California Retail Asset"},"content":{"rendered":"

By Adriana Pop, Associate Editor <\/em><\/p>\n

HFF<\/a> has secured a $33 million refinancing for The Village at Nellie Gail Ranch<\/a> in Laguna Hills, Calif., an affluent suburban city in southern Orange County.<\/p>\n

\"The<\/a><\/p>\n

The Village at Nellie Gail Ranch in Laguna Hills<\/p>\n<\/div>\n

The newly-renovated 87,561-square-foot, five-building shopping center is anchored by Smart & Final Extra. The property is located at the intersection of Moulton Parkway and La Paz Road, just off State Highway 73.<\/p>\n

HFF worked on behalf of the borrower, Fred Sands of Vintage Real Estate<\/a>, to arrange the two-year, floating-rate loan with three one-year extensions through Colony Capital<\/a>. Loan proceeds will be used to refinance existing debt and fund tenant improvement costs and leasing commissions for the center\u2019s remaining vacant space.<\/p>\n

The HFF debt placement team was led by managing director James Fowler and associate director Greg Brown.<\/p>\n

Between 2013 and 2015, the center underwent a major redevelopment with the construction of the 20,478-square-foot building for Smart & Final Extra, two additional buildings and a complete overhaul of the remaining space. The property\u2019s tenants include Smart & Final Extra, Chuck E. Cheese\u2019s, Nothing Bundt Cakes, Banfield Pet Hospital, Rita\u2019s Ice, Pharmaca, Laguna Hills Dental and Edible Arrangements.<\/p>\n

\u201cThe comprehensive renovation of Village at Nellie Gail Ranch has transformed it into a modern and dynamic retail destination which has attracted a new host of specialty retailers, including Smart & Final Extra, the smaller store format for Smart & Final that focuses largely on fresh meat and a larger selection of organic produce,\u201d Fowler said in prepared remarks. \u201cThis is a welcome addition to the Laguna Hills community and will enhance this pivotal intersection.\u201d<\/p>\n

Photo credits: loopnet.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

HFF has secured a $33 million refinancing for The Village at Nellie Gail Ranch in Laguna Hills, an affluent suburban city in southern Orange County.<\/p>\n","protected":false},"author":260,"featured_media":1004505753,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1594,21742],"tags":[],"class_list":["post-1004125530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-los-angeles","category-latest"],"acf":[],"yoast_head":"\nHFF Lines Up Refinancing for Southern California Retail Asset - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hff-lines-up-refinancing-for-southern-california-retail-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Lines Up Refinancing for Southern California Retail Asset\" \/>\n<meta property=\"og:description\" content=\"HFF has secured a $33 million refinancing for The Village at Nellie Gail Ranch in Laguna Hills, an affluent suburban city in southern Orange County.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hff-lines-up-refinancing-for-southern-california-retail-asset\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-08-18T14:47:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-12T11:51:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/The-Village-at-Nellie-Gail-Ranch.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Pop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-lines-up-refinancing-for-southern-california-retail-asset\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hff-lines-up-refinancing-for-southern-california-retail-asset\/\",\"name\":\"HFF Lines Up Refinancing for Southern California Retail Asset - 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