Sanatoga Village Shopping Center

80,000 SF Shopping Center
Pottstown, PA

$850,000 Senior Bridge Loan

This grocery anchored shopping center was bought at auction for $1.1MM. After a loan the Sponsor arranged with a bank fell through, the borrower needed a bridge loan with one week to close.

Despite the Property’s low occupancy and an extremely short time frame, Washington Square located a bridge lender and closed the deal in 7 days.