Thorofare Capital Provides $9.3M Refinance Loan For Covington Town Center

The property involved in this closed transaction is a mixed-use asset located at 100 Town Center Boulevard in Covington, GA. The transaction took place on June 3, 2021.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $9,300,000
• Market: Covington, GA
• Lender: Thorofare Capital
• Broker: Dan Gorczycki - TrueRate Services
• Loan Type: Refinance for the final phase of Covington Town Center

The loan amount for this transaction was $9,300,000 and it was refinanced for the final phase of Covington Town Center. Thorofare Capital served as the lender, while Dan Gorczycki of TrueRate Services acted as the broker.

Note from broker: TrueRate is a debt placement marketplace for commercial real estate lending. TrueRate’s intuitive platform creates robust markets for borrowers and lenders in real-time by leveraging big data and deep industry expertise to facilitate a more efficient, transparent, and competitive bidding process that results in optimal loan terms. Find out more at http://www.truerateservices.com or email [email protected].