PSRS Arranges $6.7M in Construction Financing for Retail Center in Carlsbad, California

CARLSBAD, CALIF. — PSRS has arranged $6.7 million in construction financing for a shopping center in Carlsbad. The project is a ground-up, partially preleased multi-tenant retail development.

BriefNNN Triple Net StaffMarch 4, 20261 min read

Representative photo of a neighborhood strip shopping center with a row of small storefronts and blank sign bands, parking lot in front — Representative image, not the property in this story

CARLSBAD, CALIF. — PSRS has arranged $6.7 million in construction financing for a shopping center in Carlsbad. The project is a ground-up, partially preleased multi-tenant retail development. Trevan Swierczewski and Alexander Santulis of PSRS secured the nonrecourse financing, with a high-leverage structure, through a local debt fund. The financing features a 24-month term with two six-month extension options. The post PSRS Arranges $6.7M in Construction Financing for Retail Center in Carlsba

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