2006 Transactions
Tremont Arranges $7,000,000 Financing for
Retail Center
The
Chicago office of Tremont Realty Capital arranged financing
for the refinancing of Metrowest Shoppes, a 39,725 square
foot neighborhood retail center located in Orlando, FL.
Tom Lorenzini, a Managing Director with
Tremont, arranged the $7,000,000 bridge loan, which was
funded through a local bank. The 18-month interest-only
floating rate loan provided for roughly 65% loan-to-value.
The property was 83.5% occupied at the time of closing.
According to Tom Lorenzini, "Tremont was able to structure
this transaction to meet the borrower's deadline which required
us to close within 30 days."
For additional information on this transaction,
please contact:
Thomas Lorenzini
Managing Director
Email: tlorenzini@tremontcapital.com
Phone: 312.236.0960
