Refinancing saves Temple Sinai $23,500 annually

Temple Sinai ended up saving $23,500 a year in interest payments when it refinanced an existing loan last month. The religious organization originally borrowed $4.2 million from Northern Trust in July 2004 to finance More...

Shopping mall owner borrows $5 million

Palmer Crossing 1 LLC, a Lake Wales subsidiary of the Latt Maxcy Corp., has borrowed $5 million from USAmericbank against a 116,000-square-foot shopping center at 5451 Palmer Crossing in Sarasota it purchased in More...

Outpatient surgery center secures $3.5 million loan

Gulfcoast Surgery Center Inc., a Sarasota company managed by Philip H. Askins, has borrowed $3.5 million from Mutual of Omaha Bank. The fresh funds come nine months after the surgery center defaulted on a $5.5 million More...

Bulk condo buyer borrows $2.4 million

Two months after paying $3.1 million for 39 units in the Serenata condo complex at 8307 38th Street Cir E in Southern Manatee County, FCP Serenata LLC has borrowed $2.4 million from TD Bank. FCP Serenata is a Coral More...

Taylor Morrison borrows $75 million

Taylor Morrison of Florida Inc., the hard charging company that bought the rights to the Taylor Morrison name in July, has borrowed $75 million from Credit Suisse. The loan comes on the heels of Taylor Morrison’s More...