Columbus Kitchens

$4,350,000 Commercial Kitchens Loan from Life Insurance Company

City: Columbus, OH
Loan amount: $4,350,000
Lender type: Life Insurance Company
Property type: Commercial Kitchens
Size: 4,800 SF

Transaction description

Mike Davis and Tony Messiah of PSRS arranged the $4.35 million refinance of a commercial kitchen property in Columbus, Ohio. The subject property is a 4,800-square-foot, single-story multi-tenant commercial kitchen with 21 individual kitchens. The property offers private, turn-key kitchen solutions for local food & beverage businesses. Financed with one of our correspondent life insurance companies, PSRS provided its borrower with a three-year loan term and a 25-year amortization.

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