2003 Transactions
Tremont Arranges $3,950,000
Financing for Appleton Wal-Mart
The
Chicago office of Tremont Realty Capital arranged financing
for the refinance of the Appleton Wal-Mart, a 195,374 square
foot free standing Wal-Mart located in Appleton, Wisconsin.
Tony Kolomayets, a Senior Director with Tremont,
arranged the $3,950,000 loan, which was funded through a
major institutional lender. The 10-year non-recourse loan
was priced with a 4.63% interest rate. The property was
an existing Wal-Mart that had recently expanded, and was
100% occupied at the time of closing. According to Mr. Kolomayets,
"The loan was structured as a self-amortizing 10-year
loan, with 10 years left on the lease term. However, the
project has several extension options that will most likely
be exercised since this is one of the top Wal-Marts in Wisconsin."
For additional information on this transaction, please contact:
Tony Kolomayets
Senior Director
Email: tkolomayets@tremontcapital.com
Phone: 312.236.0970
