FINANCED
Concord Summit Capital Arranges $18.1M Cash-Out Refinance Loan For Boca Raton Retail Property
7775 glades road
Retail
80,000 SF
80,000 SF
Financed 1 year ago
Summary
Loan
FLORIDA
Retail
80,000 sqft
The retail property located at 7775 Glades Road in Boca Raton has recently undergone a refinancing loan transaction. The property, spanning 80,000 square feet, was part of a loan deal facilitated by Berta Management Of Florida.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $18,145,000
- Loan Type: Refinancing Loan
- Loan Terms: Cash-Out Refinance | Fixed Rate | 10 Yr I.O.
The loan was secured by Justin Neelis and Daniel Rafael Rojo of Concord Summit Capital, representing the landlord, Berta Management Of Florida. This refinancing loan agreement offers the landlord the opportunity to access cash-out funds while benefiting from a fixed interest rate and a 10-year interest-only period.
Players
Details
FINANCED
IMAGE: Justin Neelis & Daniel Rafael Rojo
DATE: 12/19/2022
ADDRESS: 7775 Glades Road
MARKET: Boca Raton
ASSET TYPE: Retail ~ SF: 80,000
LANDLORD: Berta Management Of Florida
LANDLORD'S REP: Justin Neelis (@JNeelis02) & Daniel Rafael Rojo - Concord Summit Capital
LOAN AMOUNT: $18,145,000
LOAN TYPE: Refinancing Loan
LOAN TERMS: Cash-Out Refinance | Fixed Rate | 10 Yr I.O.View on map
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Address7775 glades road
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