Synovus Bank Provides $1,348,783 Loan For Retail Property At 1241 Mcfarland Blvd East

The asset involved in this transaction is a retail property located at 1241 Mcfarland Blvd East in the Tuscaloosa market. A loan amounting to $1,348,783.00 was secured for this property, facilitating the financial framework necessary for its transaction.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,348,783.00
• Loan Date: 03/20/2025
• Lender: Synovus Bank
• Broker: Michael J. Gefter

This transaction is supported by Michael J. Gefter, who acted as the broker in representing the interests pertinent to the deal. The financial arrangement with Synovus Bank illustrates the lender's role in this retail property transaction.