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Savannah

Infinity Funds Provides $9,000,000 Refinance Loan For Retail Property In Savannah
FINANCEDRetail

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:

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

Ben Himmel

Meridian Capital Group

Broker

$134.7M

vol

3 deals

Broker
IF
Infinity FundsLender

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