The Marketplace, Bakersfield

(Mark Your Calendars: RealShare Orange County, August 18 in Newport Beach).

COSTA MESA, CA-Locally based shopping center owner and private REIT Donahue Schriber has refinanced nine properties in California and one in Nevada totaling more than 1.3million square feet with $248.5 million in funding arranged by CB Richard Ellis' Capital Markets Debt & Equity Finance group. The CBRE team was led by Sharon Kline of CBRE Capital Market's Newport Beach office. Allstate Life Insurance Co. provided the $204.7 million fixed-rate portion of the financing and Allstate Insurance Co. provided the $43.845 million portion on behalf of Donahue Schriber Realty Group LP. Craig Zarro of Sacramento-based Preferred Capital Advisors served as adviser on behalf of Donahue Schriber. Both the fixed and floating-rate portions carry a six-year loan term with 12 months of interest-only payments followed by a 25-year amortization. The new financing maintained the flexible structure of the original loan, including substitution and partial release rights.

Roseville Center