Ally Commercial Real Estate Secures $27.5M Acquisition Loan For Special Purpose Property In Fort Myers, FL
FINANCED
$27,500,000
Florida
See Similar Deals45,040 SF
Financed 03/30/2022
FINANCED
Ally Commercial Real Estate Secures $27.5M Acquisition Loan For Special Purpose Property In Fort Myers, FL
2021 Topgolf Way, Fort Myers, Florida 33966, United States
See Similar Deals45,040 SF
Financed 03/30/2022
Summary
FLORIDA
Price Per Square Foot:$610
Total Square Footage:45,040 SF
Transaction Type:Loan
The special purpose property located at 2021 Top Golf Wy. in Fort Myers, FL has been involved in a closed transaction. The property spans approximately 45,040 square feet. The deal was facilitated by Trevor Damyan from Ally Commercial Real Estate.
Summary of transaction details:
- Property Type: Special Purpose
- Transaction Amount: $27,500,000
- Loan Type: Acquisition
- Loan Terms: Interest Only, 5.85% Fixed, 85% LTC
Trevor Damyan from Ally Commercial Real Estate played a crucial role in ensuring the success of this deal. Their expertise and experience in the market contributed to the smooth acquisition process.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$27,500,000.00
Monthly NOI$183,333.33
Monthly Debt Service$173,818.71
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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