Joseph Landsberg Of BDIM Capital Secures $7.5 Million Refinance Loan For Package Deal In Florida
FINANCED
$7,500,000
Florida
See Similar DealsPackage Deal40,080 SF
Financed 09/18/2024
FINANCED
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
See Similar DealsPackage Deal40,080 SF
Financed 09/18/2024
Summary
FLORIDA
Asset Type:Package Deal
Price Per Square Foot:$187
Total Square Footage:40,080 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$7,500,000.00
Monthly NOI$50,000.00
Monthly Debt Service$47,405.10
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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