Century Capital rescued International Soccer Academy from disaster by giving it an option to repurchase its property on Long Island. A $2.5 million loan deal was closed within two weeks time, beating the Bank’s deadline. This great location was revived by Century Capital, as they were able to provide the academy the funding needed to secure their very busy 23,500-square-foot facility. The Soccer Academy uses part of the building as a soccer training academy, and the balance is leased to a pre-school which is filled around the year for school and summer programs. The space is also highly used by the community for birthday parties, youth groups, women and men’s multiple soccer leagues.
A broker’s fee of $33,750 was paid at closing.