LV Lending Refinances Retail Property In Hallandale Beach For $8M
FINANCED
$8,000,000
Florida
See Similar DealsRetail20,844 SF
Financed 04/08/2022
FINANCED
LV Lending Refinances Retail Property In Hallandale Beach For $8M
1000 East Hallandale Beach Boulevard, Hallandale Beach, Florida 33009, United States
See Similar DealsRetail20,844 SF
Financed 04/08/2022
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$383
Total Square Footage:20,844 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$8,000,000.00
Monthly NOI$53,333.33
Monthly Debt Service$50,565.44
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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