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Key Details
SQ FT
$13.5M Bridge to Permanent Financing
Property and Location:
• 120,000 Home Depot
• Northeastern USA
Constraints:
• Buyer needed to meet 1031 exchange deadline
• Blend and extend existing lease
Outcome:
• $13.5M private money Bridge Loan for 60 days until permanent loan closed
• $13.8M CMBS Take-Out Permanent
• 5.15%; 10 years Fixed IO
• 68% LTV
• Non-Recourse
Working alongside clients as a true advisor, Tauro's professionals achieve results that far exceed expectations and establish trusted relationships.
Contact TauroThe firm’s principals are steadfast in providing the resources and support necessary for its professionals to flawlessly execute in solving client’s financing needs and challenges.
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