Loan Type:
| Auction Purchase Financing
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Property Type:
| Multi-Tenant Retail |
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Location: | Jacksonville, FL |
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Our Sponsor was the successful bidder at auction for this 44,000 s.f. multi-tenant retail center located in Jacksonville, FL. The property is only 61% occupied. Significant upside can be achieved once occupancy levels are increased.
Our Sponsor's business is focused on retail properties where value can be added through improved management and marketing. We have made multiple loans to him over the years. |