
Tamarac, FL
$6,000,000 First Mortgage
In October 2015, a $6.0 million first-mortgage bridge loan was extended to support the lease-up of a 32,080-square-foot retail strip center known as Mural Plaza, located at 6540 N University Drive in Tamarac, Florida. The property fronts a high-traffic arterial road and serves a dense residential trade area, making it well positioned for neighborhood-oriented retail and stable tenant demand.