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Cohen Financial Secures Retail Center Loan

Chicago-based Cohen Financial arranged an $8.9-million loan for Town Center Square in Rancho Cucamonga, CA on behalf of an undisclosed private investor. The 60,553-square-foot Class A shopping center is located in an established retail corridor.

Town Center Square is fully leased to Aldi supermarket, Office Max and Barnes & Noble. Aldi recently signed a 12-year lease, and the other two tenants have been in the center since it opened in 1996.

Cohen Financial’s Cathy Bronkema secured the fixed-rate, non-recourse 15-year term loan with a flexible prepayment structure and a 25-year amortization schedule with a private balance-sheet lender. The transaction facilitated a payoff of an existing bridge loan.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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