JEWEL CAPITAL NEGOTIATES $10,400,000 ACQUISITION LOAN FOR NASSAU COUNTY RETAIL BUY
A New York-Based Asian Supermarket Group landed a $10.4 million loan for their acquisition of two retail properties located at 52 & 32 Jericho Turnpike, Mineola, Nassau County, NY for a total purchase price of $16 million. The 10-year commercial mortgage loan was provided by a Queens-based lender. New York-based brokerage firm Jewel Capital’s Samuel Li and Shawn Shi negotiated the debt, which carries an ultra-low fixed-rate of 3.5 percent for the initial 5 years, with no prep
