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

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Hospitality icon
Target Shadow Anchored Retail Center
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Insurance Company
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Coral Springs, Florida
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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.

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