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Rozzell financed the 18-month, interest-only construction loan through a regional banking institution at LIBOR + 250 basis points and 97% loan-to-cost. The 9,432 square-foot office building will be constructed on 2.5 acres at the southwest corner of Bascom Norris Drive and Sister’s Welcome Road, Lake City, Florida.
For further information, please contact:
Doug Rozzell
Doug Rozzell
(407) 937-0470
Jessica Gurtowski
(407) 937-0470
Web: http://www.tdwood.com/.
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