Loan amount
$47,000,000
Loan type
As-Is Property Value
$50,000,000
LTV
94%
{LTV}
Property type
Long Term Government Campus Leased Investment
Borrower Details
Credit score
650
Deal experience
11 deals
This loan scenario was submitted by a Broker
Property Details
State
Florida
Loan Details
Additional Loan Information
This is an opportunity to acquire a brand-new construction, mission-critical government office campus located in Tallahassee, Florida. Dubbed the "Florida Government Campus" development, the properties are already under contract with the State of Florida Department of Management Services on long term leases for the relocation of three (3) State of Florida government agencies:
Status
Closed
Created
August 15, 2019 - 6:10pm
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