FINANCED
Brandon Harris Of Black Bear Capital Partners Arranges $1.77M Loan For Retail Acquisition
1920 Jefferson Street
Retail
11,500 SF
11,500 SF
Financed 18 days ago
Summary
Loan
FLORIDA
Retail
11,500 sqft
The retail shopping center located at 1920 S Jefferson Street in Perry, FL spans 11,500 SF. The property was acquired using a $1,770,000 5-year fixed rate loan at 75% LTPP. The loan features a 25-year amortization schedule and no prepayment penalty.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,770,000
- Address: 1920 S Jefferson Street
- Market: Perry, FL
- Lender: VyStar Credit Union
- Landlord: Timber Development Corporation (TDC)
- Broker: Brandon Harris - Black Bear Capital Partners
The loan for the acquisition of the retail shopping center was facilitated by VyStar Credit Union. The landlord involved in the transaction is Timber Development Corporation (TDC), and representing the deal was Brandon Harris from Black Bear Capital Partners.
Players
All
3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Brandon Harris
DATE: 04/12/2024
ADDRESS: 1920 S Jefferson Street
MARKET: Perry, FL
ASSET TYPE: Retail ~ SF: 11,500
LENDER: VyStar Credit Union
LANDLORD: Timber Development Corporation (TDC)
BROKER: Brandon Harris - Black Bear Capital Partners (@BlackBearCapitalPartners)
LOAN AMOUNT: $1,770,000
LOAN TYPE: Acquisition
LOAN TERMS: The retail shopping center, spanning 11,500 SF, was acquired via a 5-year fixed rate loan at 75% LTPP, features a 25-year amortization, and no prepayment penalty.View on map
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Address1920 Jefferson Street
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