$5,080,000 Single Tenant Office Building, Royal Palm Beach, FL

/in /by

$5,080,000

3 year term

4.125% fixed, locked at application

No prepayment penalty

Non-Recourse to Sponsors

RATE LOCKED AT APPLICATION

 

A 30,000 SF Office building is fully occupied by a for-profit university, with 6 years remaining on the lease.

This new loan was the take-out of a construction loan with mini-perm.

 

Closed by Zach Nimhauser & Michael Brown

zn@banyancc.com

mb@banyancc.com