Loan portfolio exposure: Southeast and Texas · 36 listings

Independent Drive Office Park

1 E Independent Dr, Jacksonville, FL 32202, USA

Downtown riverfront office, 74% leased, mostly insurance and banking back-office tenants. A 90,000 sq ft tenant gave notice for 2027; the sponsor is marketing the floors.

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Loan balance
$19,900,000
Risk rating
Watch
Maturity
Mar 1, 2027
LTV %
69
DSCR
1.19