Bellwether Enterprise Secures $6M Refinance Loan For 70,000 SF Retail Center In West Palm Beach

$6,000,000

$85/SF

Building Size

70,000 SF

Asset Type

Retail

Closing

Dec 19, 2023

AI

Palm Beach Commons, a 70,000-square-foot retail center located at 1300 North Military Trail in West Palm Beach, has secured a $6 million loan for refinancing. The loan features full-term interest-only payments at a competitive interest rate.

Summary of transaction details

Property Type: Retail
Transaction Amount: $6,000,000
Lender: Bellwether Enterprise (BWE)
Lender's Representatives: Daniel Rosenberg & Logan Petersmeyer
Loan Type: Refinance
Loan Terms: 10-year loan with full-term interest-only payments

The loan for Palm Beach Commons was secured by Bellwether Enterprise (BWE), a national mortgage banking company. BWE's representatives, Daniel Rosenberg and Logan Petersmeyer, originated and facilitated the loan process for the retail center.

Players