Deutsche Bank Provides $134M Refinance Loan For Mixed-Use Property At 1780 Polk Street In Hollywood
FINANCED
$134,000,000
Florida
See Similar DealsMixed-use453,000 SF
Financed 01/10/2024
FINANCED
Deutsche Bank Provides $134M Refinance Loan For Mixed-Use Property At 1780 Polk Street In Hollywood
1780 Polk Street
See Similar DealsMixed-use453,000 SF
Financed 01/10/2024
Summary
FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$295
Total Square Footage:453,000 SF
Transaction Type:Loan
Located at 1780 Polk Street in Hollywood, this mixed-use property spans an impressive 453,000 square feet. The transaction, which took place on January 10, 2024, involved a refinancing loan.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $134,000,000
- Lender: Deutsche Bank
- Landlord: GCFRC
- Brokers: Spencer Miller, Jay Miller & Aj Felberbaum - BayBridge Real Estate Capital
During the refinancing deal, Deutsche Bank provided a loan amount of $134,000,000. The property's landlord, GCFRC, collaborated with the brokers, Spencer Miller, Jay Miller, and Aj Felberbaum from BayBridge Real Estate Capital, who represented the parties involved in the transaction.
Players
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$134,000,000.00
Monthly NOI$893,333.33
Monthly Debt Service$846,971.15
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions