ROSWELL, GA. — Red Oak Financial has provided a $9.7 million refinancing loan for Village Festival Shopping Center, a 56,921-square-foot retail center in Roswell. Proceeds from the two-year bridge loan will be used to renovate the property, which sits on seven acres at 10930 Crabapple Road, 25 miles north of downtown Atlanta. The borrower and owner, Phoenix Ten Properties LLC, will introduce shopping, dining and event options at the property. A timeline for renovations was not disclosed. Gary Bechtel of Red Oak Financial originated the loan on behalf of the borrower.
Red Oak Financial Provides $9.7M Refinancing Loan for Metro Atlanta Shopping Center
News
November 12, 2020
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This is the official website of Red Oak Capital Holdings. Due to a rise in imposters using names and logos of legitimate lenders, please be careful and confirm the legitimacy of those with whom you are doing business. You may contact the proper authorities such as the FTC, IRS or FBI, to report any suspicious activities. 12/22/2023
Copyright © 2023 Red Oak Capital Holdings. All rights reserved.
Privacy Policy Terms of Use