Alliant Credit Union Provides $16.2M Loan For Industrial Property In Jacksonville

An industrial property located at 9143 Philips Highway in Jacksonville has been involved in a closed transaction. The property spans a total area of 194,400 square feet.

Summary of transaction details

• Property Type: Industrial
• Address: 9143 Philips Highway, Jacksonville
• Market: Jacksonville
• Loan Image: Jacob Cohen
• Lender: Alliant Credit Union
• Landlord: Savlan Capital
• Broker: Jacob Cohen – Walker & Dunlop
• Loan Amount: $16,200,000
• Loan Terms: Five-year, non-recourse, 30-year amortization schedule

Jacob Cohen, representing Walker & Dunlop, facilitated the deal as the broker. This closed transaction involved Alliant Credit Union as the lender and Savlan Capital as the landlord. The loan amount was set at $16,200,000 with a five-year term and a non-recourse arrangement. The loan follows a 30-year amortization schedule.