The seller of the property was Sam B. Nevel, trustee.
The financing was provided through a conduit lender at a 75% loan-to-value ratio. The interest rate is 5.85% fixed for 10 years, with a 30-year amortization.
Marcus & Millichap Capital Corp., a subsidiary of Encino, CA-based Marcus & Millichap Real Estate Investment Brokerage Co., arranged the financing for the buyer through Anthony Swainey with the firm's Fort Lauderdale office.
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