FINANCED
American Street Capital Secures $41.6M Bridge Loan For Palm Beach County MF Portfolio
American Street Capital brokers $41,600,000 loan for Florida MF Portfolio
Package Deal
Financed 254 days ago
Summary
Loan
FLORIDA
Package Deal
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.
Players
All
2
Agents
1
Agencies
1
Details
FINANCED
IMAGE: Igor Zhizhin
DATE: 08/22/2023
ADDRESS: Florida MF Portfolio
MARKET: Palm Beach County
ASSET TYPE: Package Deal
BROKER: Igor Zhizhin - American Street Capital
LOAN AMOUNT: $41,600,000
LOAN TYPE: Bridge Loan
LOAN TERMS: non-recourse
NOTE: American Street Capital (ASC) secured a $41.6 million bridge loan for a mixed investment portfolio in Palm Beach County, Florida, meeting the refinancing needs of their foreign national client and enabling future development.View on map
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AddressAmerican Street Capital brokers $41,600,000 loan for Florida MF Portfolio
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