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2701 West Sunrise Boulevard

Sammy Gil Of Fairwinds Credit Union Provides $3.425M Refinance Loan For Retail Property In Fort Lauderdale
FINANCEDRetail

Sammy Gil Of Fairwinds Credit Union Provides $3.425M Refinance Loan For Retail Property In Fort Lauderdale

2701 West Sunrise Boulevard

$3,425,000

Building Size

Asset Type

Retail

Closing

May 29, 2025

AI

The property involved in this transaction is located at 2701 West Sunrise Boulevard in Fort Lauderdale. It is classified as a retail asset and the loan amount secured for this property is $3,425,000. The loan type is a refinance, and it plays a significant role in the financial restructuring of the asset.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,425,000
  • Lender: Sammy Gil - Fairwinds Credit Union
  • Attorney's: Adam J. Weiss & Sebastian Bohorquez - Weiss Law
  • Loan Type: Refinance

This transaction involves key individuals such as Sammy Gil, representing Fairwinds Credit Union as the lender. Additionally, attorneys Adam J. Weiss and Sebastian Bohorquez, affiliated with Weiss Law, are involved in the legal aspects of the refinancing process.

Players

Fairwinds Credit Union
Fairwinds Credit UnionLender

Fort Lauderdale 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

4.63%

Cash-on-Cash

-1.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93