Alex Redfearn Of Redfearn Capital Secures $27.67M Bridge Loan From Knighthead Funding
105 East Atlantic Avenue
$27,670,000
$1,188/SF
Building Size
23,290 SF
Asset Type
Mixed-use
Closing
Sep 10, 2026
About this deal
AI
The asset is a mixed-use property located at 105-111 East Atlantic Avenue in Delray Beach, featuring a square footage of 23,290. The deal involved a bridge loan with a total amount of $27,670,000.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $27,670,000
- Lender: Knighthead Funding
- Borrower: Alex Redfearn - Redfearn Capital
- Landlord's Rep: Ronald Granite & Jason Hochman - Cushman & Wakefield
- Date: 09/10/2026
The transaction was facilitated by Ronald Granite and Jason Hochman, who represented the landlord through their agency, Cushman & Wakefield. Alex Redfearn from Redfearn Capital acted as the borrower in this loan transaction.
Players
Delray Beach Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93