Joseph Landsberg Of BDIM Capital Secures $7.5 Million Refinance Loan For Package Deal In Florida
13489 Cortez Boulevard, 4567 John Sims Parkway & 3010 Archer Road
$7,500,000
$187/SF
Building Size
40,080 SF
Asset Type
Package Deal
Closing
Sep 18, 2024
AI
A package deal involving three properties located at 13489 Cortez Boulevard, 4567 John Sims Parkway, and 3010 Archer Road was handled by BDIM Capital. The total asset size for this package is 13,360 square feet, situated in the Brooksville, Niceville, and Gainesville markets.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $7,500,000
- Loan Type: Refinance
- Broker: Joseph Landsberg - BDIM Capital
The loan for this transaction was facilitated by Joseph Landsberg, representing BDIM Capital in the refinancing process. This engagement reflects the firm's expertise in handling significant property loan transactions within the specified markets.
Players
Brooksville Package Deal Market Snapshot
Boundary boundary · Package Deal · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93