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Deal of the week

Deal of the Week Bulletin Board

July 21, 2010

Successful Financing Secured for a 12,480 SF Single-Tenant Retail Store in Panama City, Florida
Walgreens
Dollar General
Problem: The borrower needed acquisition financing for a property located out of his home market in a smaller metro area.
Solution: Through our correspondent relationship with The Standard Life Insurance Company, Company Vice President Joe Dear secured a loan with a five-year term, with the option to renew every five years, and a 25-year amortization.

Please contact Joe Dear at jdear@tdwood.com

Deal Details:
  $860,000
  Retail
  6.25%
  5/25
  7025 Highway 231
Panama City, Florida

 


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