Paramount Realty Secures $15.5M Acquisition Loan For Avon Retail Property With Lender Flushing Bank | 315 West Main Street | Flushing Bank | Morris Dweck | Retail | Loan

Summary

Loan

CONNECTICUT

Retail

115,258 sqft

A retail property located at 315 West Main Street in Avon, Connecticut has been involved in a recent transaction. The property spans 115,258 square feet and is part of the local market.

Summary of transaction details:

Property Type: Retail
Transaction Amount: $15,500,000
Loan Type: Acquisition
Loan Terms: 70% LTV, 7 year term, 30 year amortization, 3.70% Non recourse
Lender: Flushing Bank
Landlord: Paramount Realty
Broker: Morris Dweck - KSR Capital

Morris Dweck from KSR Capital represents the buyer/seller/landlord/tenant in this transaction. As part of the capital markets division at KSR Capital, Dweck has been retained to lead the financing opportunities within the company. For any inquiries regarding financing opportunities, please contact Morris Dweck at [email protected].

Players

All
3

Agents
1
Agencies
1
Lenders
1

Morris Dweck

Executive Director

Kassin Sabbagh Realty

Flushing Bank

Details

Deal Summary

FINANCED

IMAGE: Morris Dweck DATE: 04/07/2022 ADDRESS: 315 West Main Street MARKET: Avon, Connecticut ASSET TYPE: Retail ~ SF: 115,258 LENDER: Flushing Bank LANDLORD: Paramount Realty BROKER: Morris Dweck (@Morris__Dweck) – KSR Capital LOAN AMOUNT: $15,500,000 LOAN TYPE: Acquisition LOAN TERMS: 70% LTV, 7 year term, 30 year amortization, 3.70% Non recourse NOTE FROM BROKER: KSR is proud to announce that Morris Dweck has been retained to lead the capital markets division at the company. Please reach out to Morris Dweck at [email protected] with any assistance on any financing opportunities.

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Address315 West Main Street

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