Entries by serfaty

$3,350,000 – Portfolio of Single Family & Small Multifamily Rental Properties, 69 Units, Dickinson, North Dakota

$3,350,000 Permanent Loan Limited-Recourse Rate Locked at Application 6.0% fixed 5-Year Term with 5 year extension option 20-year amortization   DETAILS: Sponsor is out of state and sought to purchase this portfolio of 69 rental units, mostly single family homes. All properties are within the Dickinson, ND energy area, which has a strong economy due […]

$6,250,000 – 10-Year Fixed Rate, Non-Recourse, Cash-Out Office Building Refi, Jupiter, FL

$6,250,000 Cash-Out Permanent Loan Non-Recourse 3.75% fixed rate 10-Year Term 25-year amortization No Prepayment Penalty Rate Locked at Application Regional Bank Execution DETAILS: This loan was for a repeat client. This is a 3 tenant property in a prestigious area in Jupiter. Client required non-recourse and no-prepayment penalty which we were able to negotiate favorably […]

$11,000,000 – 15-Year Fixed Rate, Non-Recourse, Cash-Out Multifamily Refinance, Fort Lauderdale, FL

$11,000,000 Cash-Out Permanent Loan Non-Recourse 4.17% fixed rate 15-Year Term 30-year amortization Early Rate Locked as Rates starting Increasing FNMA Execution DETAILS: This loan was for a repeat client, and in fact, the principals of Banyan Commercial Capital had financed this property for this sponsor nearly 10-years prior. The objective was to lock in a […]

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

$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 […]