New York group obtains loan to acquire Wenatchee Valley Mall

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    Uber Capital Group from New York has obtained the acquisition loan for the purchase of the Wenatchee Valley Mall. The 9-point-2 million dollar acquisition was sourced through financing from a regional bank based in Washington.

    Uber assists property investors in planning, negotiating, and sourcing debt and equity financing. In addition to the Wenatchee Valley Mall deal, Uber’s recent transactions include loan refinancing for malls in Utah, Pennsylvania, Nebraska and Mississippi. New York based Namdar LLC acquired the East Wenatchee shopping center from Vinatge Real Estate of Sherman Oaks, California back in April.