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US Century Bank Provides $1.25M Refinance Loan For Orlando Retail Property

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FINANCED
$1,253,000

Florida

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Retail12,350 SF
Financed 04/04/2022
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Property Image
FINANCED

US Century Bank Provides $1.25M Refinance Loan For Orlando Retail Property

324 South Orange Blossom Trail, Orlando, Florida 32805, United States

See Similar Deals
Retail12,350 SF
Financed 04/04/2022
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$101
Total Square Footage:12,350 SF
Transaction Type:Loan

A retail property located at 324 S Orange Blossom Trl in Orlando has recently undergone a refinancing transaction. The property spans across 12,350 square feet and is situated in the Orlando market.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,253,000
  • Address: 324 S Orange Blossom Trl, Orlando
  • Market: Orlando
  • Asset Type: Retail
  • Size: 12,350 SF

The lender responsible for refinancing the property is US Century Bank. The deal was facilitated by Alec Feintuch from Leviathan Capital, serving as the broker for the transaction.

Players

Alec Feintuch
8 deals$22.8M volume
BROKER

Leviathan Capital
BROKERAGE

Details

FINANCED
IMAGE: Alec Feintuch DATE: 04/04/2022 ADDRESS: 324 S Orange Blossom Trl MARKET: Orlando ASSET TYPE: Retail ~ SF: 12,350 LENDER: US Century Bank BROKER: Alec Feintuch (@AlecFeintuch)- Leviathan Capital (@LeviathanCapital) LOAN AMOUNT: $1,253,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$1,253,000.00

Monthly NOI$8,353.33
Monthly Debt Service$7,919.81
Change in Cash Flow$0.00
Refinance Proceeds$0.00