Locust Park Capital has arranged a $14 million acquisition loan for a seven-story multifamily building in the Brickell area of Miami Florida. The recently renovated building was 97% leased at the time of financing.
Locust Park Capital has arranged a $10 million acquisition loan for a multi-family portfolio consisting of 4 buildings and totaling 240 units. The portfolio is spread throughout the greater Dallas/Fort Worth area.
Locus Park Capital has secured a $3 million refinancing for a net-leased CVS pharmacy in Dallas. The five-year loan features a fixed rate of 4.95 percent and a 30-year amortization schedule. The lender was a local community bank.
Locust Park Capital has secured a $12 million loan to refinance a seven-story mixed-use building in the Central Business District of Orlando, Florida. The recently renovated building was fully leased at the time of financing.