Sierra Vista Plaza

Transaction Details

Essex Financial Group arranged a $23.5 million non-recourse loan for the acquisition of a 162,898 square foot grocery anchored retail property called Sierra Vista Plaza in Dallas, TX. The center, anchored by Fiesta Mart, also contains a strong lineup of local and national tenants including Marshalls, Anytime Fitness, and Melrose.

Our Solution

Michael Salzman arranged the fixed-rate loan, which was placed with one of Essex Financial Group's correspondent life company lenders.