Jupiter FL Commercial Condo Acquisition
StackSource arranged a $1,200,000 acquisition loan for a commercial condominium in Jupiter, FL. Well-appointed with hard-wood floors, excellent visibility and accessibility, the 3,298 sq ft property will be used as a showroom for a rapidly expanding contractor that specializes in kitchen, bath and floors.
StackSource Capital Advisor Bob Schweitzer coordinated the 80% loan to value financing through a private lender with an excellent interest rate on behalf of the client. The loan term is for 30 years, amortized over 30 years, and closed within 35 days of submission.