Sheridan Capital Provides $4.1M Bridge Loan For Office Property In Riviera Beach
155 E Blue Heron Blvd, Riviera Beach, FL, USA
$4,100,000
$210/SF
Building Size
19,439 SF
Asset Type
Office
Closing
May 13, 2021
About this deal
AI
The office property at 155 E. Blue Heron Blvd in Riviera Beach has been involved in a closed transaction. The loan for this property was provided by Sheridan Capital in the form of a bridge loan. The loan amount for this transaction was $4,100,000.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $4,100,000
- Address: 155 E. Blue Heron Blvd
- Market: Riviera Beach
Aaron Kurlansky's image is associated with this transaction, although it is not specified what role he played. Please note that no additional information about the deal has been provided.
Players
Riviera Beach Office Market Snapshot
Boundary boundary · Office · Loan transactions
Loading comparables…
Deal FAQ
Visit Sheridan Capital to view all their deals.
Browse Florida office loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93