$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 Bockstoce – [email protected]
Michael Brown – [email protected]