{"id":1004197226,"date":"2017-11-13T08:52:46","date_gmt":"2017-11-13T16:52:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004197226"},"modified":"2022-12-09T01:46:16","modified_gmt":"2022-12-09T09:46:16","slug":"sc-mixed-use-development-receives-23m-financing","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/sc-mixed-use-development-receives-23m-financing\/","title":{"rendered":"SC Mixed-Use Development Receives $23M Financing"},"content":{"rendered":"<p>By Evelyn Jozsa<\/p>\n<div id=\"attachment_1004197741\" style=\"width: 345px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/new-rendering_sc-development4_3.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004197741\" data-attachment-id=\"1004197741\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/sc-mixed-use-development-receives-23m-financing\/new-rendering_sc-development4_3\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/new-rendering_sc-development4_3.jpg\" data-orig-size=\"511,383\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1510936426&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"new rendering_sc development4_3\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/new-rendering_sc-development4_3.jpg?w=511\" class=\"wp-image-1004197741\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/new-rendering_sc-development4_3.jpg\" alt=\"new rendering_sc development4_3\" width=\"335\" height=\"278\" \/><\/a><p id=\"caption-attachment-1004197741\" class=\"wp-caption-text\">1410 North Ocean Blvd., Myrtle Beach<\/p><\/div>\n<p>Eyzenberg &amp; Co. has arranged a $22.6\u00a0million first-mortgage construction loan for the development of a three-story, 42,000-square-foot entertainment and retail center in Myrtle Beach, S.C. The company advised the borrower, Land South of MB LLC and worked with private lender Gamma Real Estate to arrange the non-recourse, 60 percent loan-to-cost financing. The development is slated for completion by April 2018.<\/p>\n<p>Situated at 1410 N. Ocean Blvd., the oceanfront <a href=\"https:\/\/www.commercialsearch.com\/news\/mixed-use-5-questions-every-lawyer-should-answer\/\">mixed-use development<\/a>\u00a0will comprise a live entertainment and restaurant venue, as well as retail space. Land South of MB has executed three leases for the asset and has four prospective tenants, representing approximately 68 percent of the vacant square footage. One tenant will be Nashville-based live music venue\u00a0Tin Roof, which will occupy 10,000 square feet,\u00a0offering music and dining on\u00a0the entire third floor.<\/p>\n<p>Tenants that have signed leases for ground-floor space include BurgerFi and General Store, which features a mix of clothing, household items, books and jewelry from local artists.<\/p>\n<p><em>&#8220;The development was particularly attractive due to pre-leasing and its optimal location at the northern terminus of the Myrtle Beach boardwalk,&#8221;<\/em> said David Eyzenberg, president of Eyzenberg &amp; Co. <em>&#8220;It is in a sought-after retail corridor near the Sky Wheel, where there is heavy foot traffic and accessibility from Ocean Boulevard, the boardwalk and beach.&#8221;<\/em><\/p>\n<p><em>Image courtesy of LS3P ASSOCIATES LTD.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eyzenberg &amp; Co. arranged the construction loan for a 42,000-square-foot, oceanfront mixed-use complex located in Myrtle Beach. Several tenants are already lined up to for the development.<\/p>\n","protected":false},"author":871,"featured_media":1004197741,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21825,21752,21742,32781],"tags":[38320,38319,38321],"class_list":["post-1004197226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-finance","category-mixed-use","category-latest","category-southeast","tag-david-eyzenberg","tag-eyzenberg-company","tag-gamma-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SC Mixed-Use Development Receives $23M Financing - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/sc-mixed-use-development-receives-23m-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SC Mixed-Use Development Receives $23M Financing\" \/>\n<meta property=\"og:description\" content=\"Eyzenberg &amp; Co. arranged the construction loan for a 42,000-square-foot, oceanfront mixed-use complex located in Myrtle Beach. Several tenants are already lined up to for the development.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/sc-mixed-use-development-receives-23m-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-13T16:52:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T09:46:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/new-rendering_sc-development4_3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"511\" \/>\n\t<meta property=\"og:image:height\" content=\"383\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/sc-mixed-use-development-receives-23m-financing\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/sc-mixed-use-development-receives-23m-financing\/\",\"name\":\"SC Mixed-Use Development Receives $23M Financing - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/sc-mixed-use-development-receives-23m-financing\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/sc-mixed-use-development-receives-23m-financing\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/new-rendering_sc-development4_3.jpg\",\"datePublished\":\"2017-11-13T16:52:46+00:00\",\"dateModified\":\"2022-12-09T09:46:16+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/sc-mixed-use-development-receives-23m-financing\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/sc-mixed-use-development-receives-23m-financing\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/sc-mixed-use-development-receives-23m-financing\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/new-rendering_sc-development4_3.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/new-rendering_sc-development4_3.jpg\",\"width\":511,\"height\":383},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/sc-mixed-use-development-receives-23m-financing\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SC Mixed-Use Development Receives $23M Financing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\",\"name\":\"Evelyn Jozsa\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96\",\"caption\":\"Evelyn Jozsa\"},\"description\":\"Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. 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