http://banyancc.com/wp-content/uploads/2022/01/OCT.jpeg 814 1327 serfaty http://banyancc.com/wp-content/uploads/2017/01/final-Converted2-300x92.png serfaty2022-01-31 20:30:202022-01-31 20:32:24$2,015,000 - Non-Recourse, Fixed Rate, 10-Year term, Cash-out, Office Building, West Palm Beach, FL
$2,015,000 – Non-Recourse, Fixed Rate, 10-Year term, Cash-out, Office Building, West Palm Beach, FL
Cash-Out Permanent Loan
3.85% fixed rate
Rate Locked at Application
Sponsor required non-recourse terms and a bank execution. Not the easiest placement in the current office environment. However, this property had a strong operating history during covid, and excellent sponsorship. Property has: mostly small local tenants, a few healthcare related, good parking, and is overall a very well maintained property.
Michael Brown – email@example.com