Equitas Capital Group Secures $1.7M Refinance Loan For Retail Property In Miramar & Ft. Lauderdale

The retail property located at 6246-6252 Pembroke Rd, 6438-6440 Pembroke Rd, 3905-3913 Davie Blvd, and 6142 Miramar Pkwy in Miramar and Ft. Lauderdale was recently involved in a loan transaction.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $1,715,000
• Square Footage: 10,000 SF
• Loan Type: Refinance
• Loan Terms: Rate: 4%, LTV: 75%, Term: 10 years, Amm: 25 Years

The loan, amounting to $1,715,000, was obtained to refinance the property. The loan terms include a fixed interest rate of 4% and a loan-to-value ratio of 75%. The repayment period is set to 10 years, with an amortization period of 25 years.

This transaction was facilitated by Alex Leykind and Zarina Bazakova from Equitas Capital Group, who served as brokers for the deal. Equitas Capital Group specializes in providing tailored commercial real estate financing solutions to their clients. They invested time and resources in understanding the needs and challenges of their clients, approaching each loan from an individual perspective.

To learn more about Equitas Capital Group and their services, you can contact them at 646-637-7510 or via email at [email protected].