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