Food Lion Center

Thomas D. Wood and Company Sarasota Office arranged $1,500,000 in permanent fixed rate financing for the Food Lion anchored neighborhood center in Loris, South Carolina. The proceeds were used to pay off an existing $1,598,000 mortgage note. The loan, originated by one of their correspondent life companies, featured a fully amortizing 25-year term with interest rate resets in year ten and twenty.

$1,500,000

For Food Lion Center in Loris, South Carolina

Property Type: Retail
Deal Type Permanent Fixed Rate

Transaction Contact:

Name Brad Cox