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Hancock Whitney Bank Provides $25.3M Loan For Development Site On Interbay Blvd In Tampa

Property Image
FINANCED
$25,300,000

Florida

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Development Site378,100 SF
Financed 12/21/2020
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Property Image
FINANCED

Hancock Whitney Bank Provides $25.3M Loan For Development Site On Interbay Blvd In Tampa

7701 Interbay Boulevard, Tampa, FL, USA

See Similar Deals
Development Site378,100 SF
Financed 12/21/2020
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$66
Total Square Footage:378,100 SF
Transaction Type:Loan

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

Hancock Whitney Bank provided a loan of $25,300,000 for the property.

ZOM Living is the landlord associated with this transaction.

Players

Hancock Whitney Bank
Hancock Whitney Bank
LENDER
ZOM Living
ZOM Living
LANDLORD

Details

FINANCED
IMAGE: John M. Hairston & Greg T. West DATE: 12/21/2020 ADDRESS: 7701 Interbay Boulevard MARKET: Tampa ASSET TYPE: Development Site LENDER: Hancock Whitney Bank LANDLORD: ZOM Living LOAN AMOUNT: $25,300,000

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$25,300,000.00

Monthly NOI$168,666.67
Monthly Debt Service$159,913.21
Change in Cash Flow$0.00
Refinance Proceeds$0.00