American Street Capital Secures $41.6M Bridge Loan For Palm Beach County MF Portfolio

A mixed investment portfolio in Palm Beach County, Florida has secured a $41.6 million bridge loan, thanks to the efforts of American Street Capital (ASC) and their broker representative Igor Zhizhin. This loan will meet the refinancing needs of a foreign national client and facilitate future development opportunities.

Summary of transation details

• Property Type: Package Deal
• Transaction Amount: $41,600,000
• Market: Palm Beach County

ASC's successful acquisition of the $41.6 million bridge loan for the mixed investment portfolio in Palm Beach County, Florida has ensured that their foreign national client can address their refinancing requirements while also providing the flexibility necessary for future development activities. Igor Zhizhin from American Street Capital played a pivotal role in securing this non-recourse loan, which will contribute immensely to the client's investment goals in the region.