Updated Oct 29, 2024
Hancock Whitney Bank Provides $25.3M Loan For Development Site On Interbay Blvd In Tampa
7701 Interbay Boulevard, Tampa, FL, USA
$25,300,000
$66/SF
Building Size
378,100 SF
Asset Type
Development Site
Closing
Dec 20, 2020
About this deal
AI
John M. Hairston & Greg T. West shared an image on Instagram showcasing a development site in Tampa. The address of the property is 7701 Interbay Boulevard.
Summary of transation details
- Property Type: Development Site
- Transaction Date: 12/21/2020
- Market: Tampa
Hancock Whitney Bank provided a loan of $25,300,000 for the property.
ZOM Living is the landlord associated with this transaction.
The development site loan at 7701 Interbay Boulevard, Tampa, FL, USA in Tampa, Florida financed for $25.3M in 2020. The building is 378,100 square feet, implying about 66 per square foot on the published price. This page is the Tampa, Florida file for the 7701 Interbay Boulevard, Tampa, FL, USA development site financed: pricing, party profiles, and other closed development site comps from the same Tampa sit in the Market section below. Filter that Tampa development site set by closing date to see what else financed near 7701 Interbay Boulevard, Tampa, FL, USA around 2020. Published consideration for 7701 Interbay Boulevard, Tampa, FL, USA is $25.3M, dated 2020. Cite this Hancock Whitney Bank Provides $25.3M Loan For Development Site On Interbay Blvd In Tampa loan when underwriting similar development site product around Tampa, Florida.
On the Map
$25,300,000
$66/SF
Development Site
View full map
Players
Tampa Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
Loading comparables…
Deal FAQ
Browse Florida development site loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93