Locust Park Capital Arranges $1.6M Acquisition Loan for Jacksonville Multi-Family Building

Locust Park Capital has arranged a $1.6 million dollar loan for the acquisition of a two-story 16 unit multi-family building in Jacksonville Florida. The building was one hundred percent leased at the time of the transaction. The buyer intends to complete capital improvements to escalate rents to... - March 05, 2020

Locust Park Capital Arranges $14m Acquisition Loan for Miami Multifamily Building

Locust Park Capital has arranged a $14 million acquisition loan for a seven-story multifamily building in the Brickell area of Miami Florida. The recently renovated building was 97% leased at the time of financing. Kenneth Lee of Locust Park Capital arranged the seven-year loan with a fixed rate of... - August 24, 2019

Locust Park Capital Arranges $8M Loan for Dallas Multifamily Portfolio Acquisition

Locust Park Capital has arranged a $10 million acquisition loan for a multi-family portfolio consisting of 4 buildings and totaling 240 units. The portfolio is spread throughout the Dallas/Fort Worth area. The undisclosed buyer intends to perform major capital improvements consisting of upgrading... - June 15, 2019

Locust Park Capital Secures $3M Refinancing of CVS Pharmacy in Dallas, TX

Locus Park Capital has secured a $3 million refinancing for a net-leased CVS pharmacy in Dallas. The five-year loan features a fixed rate of 4.95 percent and a 30-year amortization schedule. The lender was a local community bank. Locust Park’s president Kenneth Lee arranged the loan on behalf... - May 23, 2019

Locust Park Capital Arranges $12M Refinance for Mixed Use Building in Orlando's Central Business District

Locust Park Capital has secured a $12 million loan to refinance a seven-story mixed use building in the Central Business District of Orlando, Florida. The recently renovated building was fully leased at the time of financing. Kenneth Lee of Locust Park arranged the five-year loan with a fixed rate... - May 19, 2019

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