Fixed-rate non-recourse loan for the take-out of construction loan for office building

Money icon
$7,000,000
Hospitality icon
Multi-tenant Office Building
Bank icon
Life Insurance Company
Location icon
Ft. Lauderdale, Florida
Causeway Corporate Center

Refinancing of a Recourse Construction Loan with a Non-recourse Permanent Loan

Steve Mench arranged the refinancing of the owner’s construction loan with a fixed-rate non-recourse permanent loan. This enabled the developers to decrease their contingent liabilities and develop more property. 

up next
1 5001 Building 2

Construction loan for the development of office building

Looking to close a deal on a corporate center?

Let's go