Patrick Carney & Jeffrey Pechter's Mindful Capital Refinances Industrial Property In Plantation, FL With $7M Loan
FINANCED
$7,000,000
Florida
See Similar DealsIndustrial6,000 SF
Financed 07/23/2020
FINANCED
Patrick Carney & Jeffrey Pechter's Mindful Capital Refinances Industrial Property In Plantation, FL With $7M Loan
6741 West Sunrise Boulevard, Plantation, FL, USA
See Similar DealsIndustrial6,000 SF
Financed 07/23/2020
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$1,166
Total Square Footage:6,000 SF
Transaction Type:Loan
Located at 6741 W Sunrise Boulevard in Plantation, FL, an industrial property has recently undergone a loan refinancing. The 82,996 SF property, owned by Patrick Carney and Jeffrey Pechter of Mindful Capital, has been refinanced for a loan amount of $7 million. The terms of this refinancing include a 5-year term with 2 years of interest-only payments at a fixed rate of 3.21%. The loan type for this transaction is a refinance.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,000,000
- Address: 6741 W Sunrise Boulevard, Plantation, FL
- Market: Plantation, FL
Eric Trombly, the broker, was involved in this loan refinancing transaction.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$7,000,000.00
Monthly NOI$46,666.67
Monthly Debt Service$44,244.76
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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