Transaction Type: Acquisition Mixed-Use
Project Cost: $5 million
In September of 2014, LGA Capital arranged financing for the purchase of a two-story commercial mixed-use building located in the heart of historic downtown Key West, Florida.
LGA Capital, in conjunction with Newtek Small Business Finance, utilized loan proceeds made available under the Small Business Administration’s (SBA) 501 loan program to assist the owner of the Key West Gallery with acquiring the building. The Key West Gallery is located on Duval Street in the heart of Key West. LGA Capital worked with the purchaser to structure the acquisition of the building including:
- $5 million SBA loan with Newtek Small Business Finance
- Recent Transactions