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Romspen Provides $30.5M Refinance Loan For Retail Property In Williamsburg, VA

4801 Courthouse Street
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This Retail property located in VA received a loan of $30,500,000 over 1 year ago. The brokers of the deal were Dylan Kane, Zach Redding, and Peter Nicoletti

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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Deals
  • Location
    4801 Courthouse Street, Williamsburg, Virginia 23188, United States4801 Courthouse Street, Williamsburg, Virginia 23188, United States
  • Loan Value
    $30,500,000$30,500,000
  • Asset Type
    RetailRetail
  • Parties
    3 Brokers, 1 Agency, 1 Lender3 Brokers, 1 Agency, 1 Lender

Agents

Peter Nicoletti

Peter Nicoletti

Deals4
Financed$228M

Agency

Colliers International

Colliers International

Agency
Deals1674
Volume$36.2B

Romspen

Romspen

Lender
Deals4
Volume$ 11.1B

Deal Summary

LOAN IMAGE: Dylan Kane, Zach Redding & Peter Nicoletti DATE: 09/23/2022 ADDRESS: 4801 Courthouse St MARKET: Williamsburg, VA ASSET TYPE: Retail ~ ACRES: 356 LENDER: Romspen LANDLORD: Developers Realty Corporation BROKERS: Dylan Kane, Zach Redding & Peter Nicoletti - Colliers LOAN AMOUNT: $30,500,000 LOAN TYPE: Refinance

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4801 Courthouse Street

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