The Madison Group (TMG), a
leading nationwide commercial real estate finance consulting firm, has
successfully arranged a $7.92 million refinance loan secured
by three well-located retail strip centers in New Jersey.
The client engaged TMG after
their previous mortgage broker retired and sought a trusted advisor to help
secure competitive financing and a cash-out component to fund a future
acquisition. Leveraging its extensive lender relationships, TMG structured a bank
swap loan that provided both the requested cash-out proceeds and an
attractive long-term financing solution.
The final loan structure
featured a 5.90% fixed interest rate, 65%
loan-to-value (LTV), and a five-year term with a 30-year
amortization. The borrower expressed strong satisfaction with the
outcome and the efficiency of TMG’s process in securing favorable terms within
a complex market environment.
Loan Highlights
·        
Property Type: Retail Strip
Center
·        
Loan Amount: $7,920,000
·        
Interest Rate: 5.90%
·        
LTV: 65%
·        
Term: 5 Years
·        
Amortization: 30 Years