Single Tenant Retail
Another Successful Funded Loan
- $1,2100,000
- 5 Year Fixed @ 3.500%
- Purchase - 50% LTV
- Single Tenant
- Restaurant Property
- Pensacola, FL
ASSIGNMENT:
This was a purchase transaction for clients in a 1031 exchange.
CHALLENGE:
Required intense focus because we had multiple loans for the same borrower going on simultaneously.
SOLUTION:
ALB structured a great low interest rate loan program for the borrower. Closed and still working on other transactions for the borrowers.
