Romspen Provides $30.5M Refinance Loan For Retail Property In Williamsburg, VA
4801 Courthouse Street
Retail
Financed 1 year ago
Summary
The retail property located at 4801 Courthouse St in Williamsburg, VA has recently undergone a refinancing deal. The property spans across 356 acres, offering a significant space for various retail activities.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $30,500,000
- Address: 4801 Courthouse St
- Market: Williamsburg, VA
- Lender: romspen''>Romspen
- Landlord: Developers Realty Corporation
- Brokers: Dylan Kane, Zach Redding & Peter Nicoletti - Colliers
The refinancing deal was facilitated by Dylan Kane, Zach Redding, and Peter Nicoletti, representing Colliers. Their expertise and negotiation skills played a crucial role in securing favorable loan terms for the property. The loan amount of $30,500,000 provided by Romspen enabled the property owner and landlord, Developers Realty Corporation, to optimize their financial situation and potentially explore further development opportunities.
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4801 Courthouse Street
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