LV Lending Refinances Retail Property In Hallandale Beach For $8M
1000 East Hallandale Beach Boulevard, Hallandale Beach, Florida 33009, United States
$8,000,000
$383/SF
Building Size
20,844 SF
Asset Type
Retail
Closing
Apr 7, 2022
AI
Oasis Fit, a retail property located at 1000 E Hallandale Beach Blvd in Hallandale Beach, has undergone a refinance transaction. The property spans a total area of 20,844 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,000,000
- Address: 1000 E Hallandale Beach Blvd
- Market: Hallandale Beach
The loan for this transaction was provided by LV Lending, with representatives Camilo Niño, Ricardo Uribe, and Alen Hernandez. The lender facilitated the refinance of the property for the amount of $8,000,000. The landlord involved in this transaction is Giuseppe Iadisernia.
Players
Hallandale Beach Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93