WOODLAND HILLS, CA, November 17, 2020 / - DealPoint Merrill, an owner and operator of value-added real estate opportunities and sponsor of real estate investment offerings, closes a $19.4 Million refinance loan for Elverta Crossing, a 240,000 SF shopping center on 17-acres in Antelope (a suburb of Sacramento), California. DealPoint recently completed phase two, a $6.6 million redevelopment as part of their plan.
The senior management team and shareholders of the Company have collectively acquired, refinanced, and sold major real estate assets in excess of $1 billion, inclusive of acquisitions and development nationwide.
DealPoint Merrill’s executives, David Frank, CEO, negotiated the transaction, and Sterling McGregor, President, handled the due diligence for financing. For more information, visit our website at www.dealpointmerrill.com.