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Fort Walton Beach Hotel

Fort Walton Beach, FL

Loan Amount

$1.05M

Deal Description

This newly redeveloped 8-room motel was just brought online. Sponsor needed to recap equity and refinance from seller finance loan.

Property Location

Fort Walton Beach, FL

 Quick Stats 
Partner Type

Debt fund

Program Type

Conventional bridge

Program details

Cash-out refinance
LTC: 70%
Rate: 8.99% fixed
Term: 24 months
IO Period: Full term
Recourse

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NY Office
405 Lexington Ave, New York, NY, United States

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info@kayfinance.com  |  Tel: 212-203-0135

Israel Office 

Ha Gavish 4, Netanya, Israel 

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info@kayfinance.com  |  Tel: 212-203-0135

South Africa Office
27 Boland Way, Durbanville, Cape Town, SA

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info@kayfinance.com  |  Tel: 212-203-0135

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