In June of 2019, Emerald Creek Capital provided a $3,675,000 bridge loan in Orlando, FL. The loan is secured by a 100% occupied retail strip center with 17,773 square feet of rentable area. The subject property consists of 11 commercial units currently occupied by Spa Bar, Coffee Factory, Next Med Florida and more. Known as Waterford Commons, the subject property is an outparcel to the Waterford Lakes Town Center, the main commercial area for the University of Central Florida. The subject property benefits from a prime retail location on a highly trafficked commercial corridor and is easily accessible by FL-50 and FL-408.
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