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
About this deal
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.
On the Map
$3,425,000
Retail
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Players
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