Meridian Capital Group Arranges $3.9M Refinance Loan For Boca Raton Retail Property

The property involved in the transaction is a retail asset located at 3800 Northwest Boca Raton Boulevard in Boca Raton. The asset is classified as an Automotive NNN retail property. The loan amount for the refinance deal is $3,898,713 with specific loan terms, including a 5-year term, 30-year amortization schedule, and a 6.39% interest rate. The loan also includes the perk of no prepayment penalty.

Summary of transation details:

• Property Type: Retail (Automotive NNN)
• Transaction Amount: $3,898,713
• Address: 3800 Northwest Boca Raton Boulevard
• Market: Boca Raton
• Brokers: Matt Buggenhagen, Jason Labriola & Anthony Colicino - Meridian Capital Group
• Loan Type: Refinance
• Loan Terms: 5-year Term, 30-year Amortization, No Prepayment, 6.39% Rate

The brokerage representation in this deal was provided by Matt Buggenhagen, Jason Labriola, and Anthony Colicino from the Meridian Capital Group. These professionals played a key role in facilitating the refinancing transaction for the retail property, showcasing their expertise in the real estate financing market.