$7,585,000 Acquisition Loan Secured for Retail Property in Escondido, CA
May 6, 2026 Bank
Deal Summary
First Citizens Bank recorded a $7,585,000 deed of trust crossing three Escondido parcels of a retail and warehouse property anchored by 410 North Hale Avenue. The loan was executed May 6, 2026 and recorded May 7, 2026 in San Diego County under document 131727 (APN 232-141-33-00), crossed against two additional parcels. County records list the owner as Mariste Enterprises Lp.
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Transaction Details
- Closing Date
- May 6, 2026
- Loan Amount
- $7,585,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Retail
- Source
- County record
Property
- Address
- 410 N Hale Ave
- City, State
- Escondido, CA
- Market
- San Diego
Property Facts
- Building Size
- 5,071 sq ft
- Lot Size
- 37,026 sq ft (0.85 ac)
- Year Built
- 1942
- Buildings
- 1
- Zoning
- M
- Subtype
- Retail Stores
- Units
- 1
- Floor Area Ratio
- 0.36
Sale History
Last sold for $11,500,000 on May 5, 2026. Prior owner HALE HOLDINGS LP (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 7, 2026 | FIRST CITIZENS BK&TR CO | $7,585,000 | Deed Of Trust | CONVENTIONAL |
| Oct 24, 1996 | NORTH CNTY BK | $1,600,000 | Mortgage | 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.