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

/in

$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 at a very good rate of 3.75%. 

Zach Nimhauser – zn@banyancc.com

Michael Brown – mb@banyancc.com