UHS Hardware Acquires Office/Warehouse In Hollywood, FL With $10M Loan From TD Bank

The recently closed property transaction in Hollywood, FL involved an Office/Warehouse located at 2850 Greene Street. The acquisition was financed through a loan provided by TD Bank. The property is owned by Kobi Ben, who operates UHS Hardware. The deal was facilitated by brokers Kathy Anderson from Money.Girl.Kathy and Caillin Boles from Progress Capital. The loan amount for the transaction was $10,000,000, and it was secured under the SBA 504 program. The financing terms included 90% financing at a blended rate of 3.25% fixed for 10 years. Additionally, the credit accommodation included a business line of credit.

Summary of Transaction Details:

• Property Type: Office/Warehouse
• Transaction Amount: $10,000,000

In this deal, the key individuals and companies involved were Kobi Ben, the owner of the property, and the brokerage team consisting of Kathy Anderson from Money.Girl.Kathy and Caillin Boles from Progress Capital. They played a crucial role in facilitating the acquisition of the Office/Warehouse located at 2850 Greene Street in Hollywood, FL.