Noam Temchin Of FM Capital Secures $3M Refinance For Hotel In Panama City Beach

The property involved in this transaction is a hotel located at 17784 East Front Beach Rd in Panama City Beach. The asset includes 20 keys and has a total square footage of 10,637. This transaction was based on a refinancing loan, amounting to $3,000,000.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $3,000,000
• Address: 17784 East Front Beach Rd
• Market: Panama City Beach
• Keys: 20
• Square Footage: 10,637
• Units: 20
• Loan Type: Refinance
• Lender's Representative: Noam Temchin - FM Capital

Noam Temchin from FM Capital represented the lender in this refinance transaction, facilitating the funding for the hotel asset. The structure of this loan highlights the ongoing financial support for the hospitality sector in the Panama City Beach area.