TAMPA, FL-Kennedy Square, an office building spanning 90,214 square feet at 4950 W. Kennedy Blvd. in Tampa, has secured a first mortgage loan worth $3.8 million. Robert Hernandez, who serves as managing director and senior vice president at the Tampa regional office of NorthMarq Capital, has organized the loan on behalf of the Kennedy Square Investors from Thrivent Financial for Lutherans.
The 10-year loan has an amortization schedule of 10 years. Loan to value is 55%.For the full story, go to Florida Real Estate Journal.
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