Anchor Capital Group Secures $3.7 Million Refinance Loan From StanCorp Mortgage Investors For Industrial Asset

The property asset involved in this transaction is located at 26 Frowein Road in Center Moriches. It is classified as an industrial asset and has a total square footage of 41,500. The loan amount associated with this transaction is $3,700,000, which is part of a refinance arrangement facilitated by the lender, StanCorp Mortgage Investors. The landlord of the property is Anchor Capital Group.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,700,000
• Loan Type: Refinance
• Lender: StanCorp Mortgage Investors
• Landlord: Anchor Capital Group
• Market: Center Moriches
• Address: 26 Frowein Road
• Square Footage: 41,500

The key individuals involved in the deal include Yair Sarraf, Max Padway, Ethan Frank, and Richard Katzenstein. Notably, Anchor Capital Group has successfully secured a cash-out refinance from a life insurance company in under 18 months from acquisition. The organization now has cash ready to deploy and is prepared to close before year-end for suitable opportunities. Interested parties can send opportunities to [email protected].