Author Archive for: serfaty
About serfaty
This author has yet to write their bio.Meanwhile lets just say that we are proud serfaty contributed a whooping 108 entries.
Entries by serfaty
$11,413,000 CubeSmart – Non-Recourse Construction Loan! – Pembroke Park, FL
March 7, 2017 in Transactions /by serfaty$11,413,000 Libor Floater 3 year term with 2 one year extension options Non-Recourse Construction Loan A ground up construction loan, non-recourse from the start. Only a completion guarantee was required. Minimal risk as contractors are bonded. Construction to start immediately, with completion within 14 months. Remainder of loan term to be for stabilization. […]
$1,700,000 Multi-Tenant Office, Pine Island, Florida
March 1, 2017 in Transactions /by serfaty$3,975,000 Industrial Flex Space, Riviera Beach, Florida
February 22, 2017 in Transactions /by serfatyNon-Recourse Construction Loans for Commercial Real Estate & Multifamily
February 15, 2017 in Blog /by serfatyAs Advisors, our role is to provide options to our clients that they may or may not know about or have considered in the past. The Issue We have many developer clients chasing construction loans in an unending circle of rejections, deferrals, un-papered verbal quotes, or quotes at far lower leverage than expected. I […]
$3,000,000 Retail/Office Property, North Lauderdale, Florida
February 13, 2017 in Transactions /by serfaty$38,800,000 Aura Seaside Apartments – Construction Loan – Lantana, FL
January 29, 2017 in Transactions /by serfaty$38,800,000 30 Day Libor + 2.50% 3 year term with 2 one year extension options No prepayment penalty Note, due to the loan size, two lenders teamed up to close this loan. Property is located along the Intracoastal Waterway in Lantana, Palm Beach County, Florida Closed by: Nico Pepia, Zach Nimhauser & Michael Brown
$2,200,000 Retail Strip Acquisition, Lake City, Florida
January 29, 2017 in Transactions /by serfaty$2,200,000, acquisition 10 year fixed rate loan 3.95 % fixed Prepayment Penalty: 3,2,1,0,0,0,0,0,0,0 RATE LOCKED AT APPLICATION Property includes Panera Bread & Matress1 One Closed by Zach Nimhauser & Michael Brown zn@banyancc.com mb@banyancc.com
$1,332,500 19 Unit Apartment Property – Fort Lauderdale, FL
January 28, 2017 in Transactions /by serfaty$1,332,500 10 year fixed rate loan 3.90% fixed locked at application 25 year amortization Limited Recourse (20%) Prepayment Penalty: 3,2,2,0,0,0,0,0,0,0 A true 10 year fixed rate loan, no reset, non-securitized, bank portfolio loan. Closed by: Brad Beattie bb@banyancc.com
$7,700,000 Multifamily – Jacksonville – Acquisition Perm
January 27, 2017 in Transactions /by serfaty$7,700,000 80% LTV 5.01% Fixed 12 Year Term 30 Year Amortization NON-RECOURSE Closed by Michael Brown mb@banyancc.com
Contact Us
2701 NW Boca Raton Boulevard, Suite 213
Boca Raton, FL 33431
(561) 408-7500
info@banyancc.com