Non-recourse fixed-rate loan for the acquisition of retail

Money icon
$19,200,000
Hospitality icon
Target Shadow Anchored Retail Center
Bank icon
Insurance Company
Location icon
Coral Springs, Florida
Turtle crossing

Acquisition Financing with Flexibility to Sell-off Out-parcels

Mench Real Estate Capital arranged the non-recourse fixed-rate loan from an insurance company for the acquisition of the Target shadow-anchored retail center. The loan allowed for flexible prepayment for selling off the out-parcels. Surety of execution and timeliness of closing were important to the investors.

Interested in working with us?