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City National Bank Of Florida Provides $12 Million Acquisition Loan For Turtle Run Shoppes In Coral Springs

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FINANCED
$12,000,000

Florida

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Retail80,000 SF
Financed 01/30/2026
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Property Image
FINANCED

City National Bank Of Florida Provides $12 Million Acquisition Loan For Turtle Run Shoppes In Coral Springs

6221 West Sample Road

See Similar Deals
Retail80,000 SF
Financed 01/30/2026
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:80,000 SF
Transaction Type:Loan

The property asset involved in the transaction is located at 6221-6371 W. Sample Road in Coral Springs, FL. This retail asset encompasses a square footage of 80,000. The loan amount associated with this transaction is $12,000,000, which is categorized as an acquisition loan with a 5-year term and a 30-year amortization schedule. The loan carries an interest rate of 5.50% and has a loan-to-value ratio of 61.5%. The deal is structured as non-recourse and was executed by the lender, City National Bank of Florida, within a closing period of less than 40 days.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $12,000,000
  • Asset Address: 6221-6371 W. Sample Road
  • Market: Coral Springs, FL
  • Loan Type: Acquisition
  • Loan Terms: 5-year term, 30 year amortization, 5.50% interest, 61.5% LTV/Non-recourse
  • Lender: City National Bank of Florida
  • Brokers: Allan Lieberman & Jason Bogopulsky - Meridian Capital Group

The individuals involved in this transaction are Allan Lieberman and Jason Bogopulsky, who represent Meridian Capital Group as brokers in the deal. Their role was instrumental in facilitating the acquisition loan from City National Bank of Florida.

Players

Jason Bogopulsky
7 deals$66.8M volume
BROKER

Allan Lieberman
Meridian Capital Group
16 deals$216.5M volume
BROKER

City National Bank of Florida
LENDER

Details

FINANCED
IMAGE: Allan Lieberman & Jason Bogopulsky DATE: 1/29/2026 ADDRESS: 6221-6371 W. Sample Road – Turtle Run Shoppes MARKET: Coral Springs, FL ASSET TYPE: Retail ~ SF: 80,000 LENDER: City National Bank of Florida BROKERS: Allan Lieberman (@AllanLieb) & Jason Bogopulsky - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $12,000,000 LOAN TYPE: Acquisition LOAN TERMS: 5-year term, 30 year amortization, 5.50%, 61.5% LTV/Non-recourse, Bank execution <40 days closing

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$12,000,000.00

Monthly NOI$80,000.00
Monthly Debt Service$75,848.16
Change in Cash Flow$0.00
Refinance Proceeds$0.00