Nimbus Center

Loan Amount

$6,000,000

Lender

Bank

Loan Type

Acquisition Financing

Nimbus Center is a multi-tenant convenience/strip center totaling 26,755 square feet on the highly trafficked corner of SW Scholls Ferry Road and SW Nimbus Avenue. MMCG was able to work with the lender to accommodate a ground lease structure. This acquisition loan for a repeat client was structured with 30-year amortization and limited recourse.