Palomar is a retail/office space located on one of the busiest intersections on Whyte Avenue, the city’s premier entertainment strip. The building has over 18,000 square feet of space and has been completely renovated to give the space a new, modern esthetic. The financing, completed with a life company, was structured as an interest only facility initially and converted to principal and interest payments once the maturing leases were renegotiated, to maximize the loan amount at purchase.
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