Mindful Capital Secures $3.5M Refinance Loan For Delray Beach Industrial Property

The industrial property located at 415-475 SE 1st Avenue in Delray Beach, FL, has undergone a refinancing transaction. The property spans 34,232 square feet and is owned by Mindful Capital, represented by Patrick Carney. The deal was facilitated by Eric Trombly of Black Bear Capital Partners.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $3,500,000
• Loan Type: Refinance
• Loan Terms: The industrial property, spanning 32,232 SF, was refinanced via a 5-year fixed-rate loan and interest-only payments.

The loan amount for the refinancing transaction was $3,500,000. It involved a 5-year fixed-rate loan with interest-only payments. The industrial property, which spans 32,232 square feet, was the subject of the refinancing deal. Mindful Capital, represented by Patrick Carney, serves as the landlord of the property. Eric Trombly, from Black Bear Capital Partners, acted as the broker.