$12,000,000 – Washington, PA (Washington County)

Loan Summary Washington Crown Center

In August 2016, Emerald Creek Capital provided a $12,000,000 acquisition loan in Washington, PA. This loan enabled the borrower to purchase 532,832 SF of retail space within the 672,918 SF Washington Crown Center, a regional mall built on 94 acres.

With over 60 tenants, the Washington Crown Center boasts occupancy in excess of 93%. Washington Crown Center is anchored by Gander Mountain, Sears, The Bon Ton, Hollywood Theaters, Ross, and Marshalls. 

Other notable tenants include Jo-Ann Fabrics, Ulta Salon, Shoe Dept. Encore, and Victoria Secret.  With a hard deposit down and less than 30 days to close, the borrower turned to Emerald Creek Capital for certainty of execution.

For more information, please contact:

Jeff Seidler, Managing Director
(212) 239-6517

Thank you for your feedback! Please don't hesitate to reach out to our team with any additional comments or questions.