This is a $600,000 refinance loan request from a repeat client secured by a commercial retail strip center located in New Port Richey, Florida. The collateral consists of a 15,420-square-foot retail plaza situated on 1.71 acres along a high-traffic commercial corridor in Pasco County. The borrower’s exit strategy consists of refinancing into longer-term financing and/or selling other commercial real estate assets within the portfolio.
Collateral:
Type: Refinance
Description:
Borrower is requesting a $325,000 loan secured by a single-family property in Tampa, Florida. The property features 9 bedrooms, 5 bathrooms, 4,010 heated square feet, and sits on a 16,496-square-foot lot while being rented for $9,000 per month. The borrower plans to refinance the loan as exit strategy.
- Loan Amount: $325,000
- Date: September 2026
