$10,000,000 – Non-Recourse, Fixed Rate, 10-Year term, Cash-Out Refi, Retail Center on Dale Mabry, Tampa, FL

/in /by

$10,000,000

Cash-Out Permanent Loan

Non-Recourse

3.75% fixed rate

10-Year Term

25-year amortization

Rate Locked at Application

NO PREPAYMENT PENALTY!!

DETAILS:

Sponsor required non-recourse terms and a bank execution. Property included a Dispensary, as well as CVS, several restaurants, and local tenants. This is the second time that Banyan Commercial Capital has financed this property. 

Dan Bockstoce – db@banyancc.com

Michael Brown – mb@banyancc.com