Through a newly established relationship, our team was recently engaged to refinance the 87,000
square foot Terra Nova Shopping Center, located in Chula Vista, CA. The 10 year / 30 year
amortization loan was competitively priced at 110 basis points over the 10 year Treasury,
included 10 years of interest only and allowed the borrower to lock rate 45 days prior to close.
The borrower was able to maintain their previous debt service payments, despite significant cash
out above their cash equity basis.
Johnson Capital has emerged as one of the largest and most prominent real estate investment
banking and commercial mortgage brokerage firms in the nation. Since its inception in 1987,
aggregate transaction volume has soared to over $20 billion. The firm has offices in Irvine
(corporate headquarters), Los Angeles, Valencia, Newport Beach, San Diego, San Jose,
Phoenix, Denver, Salt Lake City, Dallas, Little Rock, Boca Raton, Washington, D.C., New York
City and Norwalk.
Mark S. Wolf
Gregory R. Richardson
Spencer K. Rinker