$6,000,000 Refinance Secured for Retail Property in Mission Viejo, CA
May 15, 2026 Bank
Deal Summary
Hiawatha National Bank recorded a $6,000,000 deed of trust crossing two Mission Viejo retail parcels on Marguerite Parkway. The loan was executed May 15, 2026 and recorded May 19, 2026 in Orange County under document 144827 (APN 740-016-05), crossed against one additional parcel. County records list the owner as Gsm Development Llc.
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Transaction Details
- Closing Date
- May 15, 2026
- Loan Amount
- $6,000,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Retail
- Source
- County record
Property
- Address
- 28451 Marguerite Pkwy
- City, State
- Mission Viejo, CA
- Market
- Orange County
Property Facts
- Lot Size
- 112,698 sq ft (2.59 ac)
- Subtype
- Retail Stores
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 19, 2026 | HIAWATHA NAT'L BK | $6,000,000 | Deed Of Trust | CONVENTIONAL |
| Sep 16, 2024 | HIAWATHA NAT'L BK | $1,500,000 | Revolving Line Of Credit | CONVENTIONAL |
| May 22, 2020 | VW CREDIT INC | $10,008,829 | Modification Of Mortgage | |
| Oct 13, 2015 | VW CREDIT INC | $10,640,000 | Modification Of Mortgage | |
| Feb 13, 2014 | VW CREDIT INC | $10,160,000 | Construction Deed Of Trust | |
| Aug 27, 2003 | NISSAN MOTOR ACCEPTANCE | $3,000,000 | Deed Of Trust | CONVENTIONAL |
| Aug 27, 2003 | INFINITI FIN'L SVCS | $5,200,000 | Deed Of Trust | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.