Infinity Funds Provides $9,000,000 Refinance Loan For Retail Property In Savannah
$9,000,000
$212/SF
Building Size
42,311 SF
Asset Type
Retail
Closing
Aug 3, 2026
AI
The property asset involved in this transaction is a retail building located at 10530 Abercorn Street in Savannah. The asset spans a total square footage of 42,311 and has a refinance loan associated with it amounting to $9,000,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,000,000
- Loan Type: Refinance
- Lender: Infinity Funds
- Broker: Binyamin Himmel - Meridian Capital Group
The deal was represented by Binyamin Himmel from Meridian Capital Group, who facilitated the refinance transaction for the property located at 10530 Abercorn Street. The involvement of Infinity Funds as the lender indicates a structured financing approach for this retail asset.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93