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Eden Innovations Extends Georgia Property Sale and Financing Facility to 2026
9:50am on Monday 10th of February, 2025 AEDT
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Real Estate
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Eden Innovations Extends Georgia Property Sale and Financing Facility to 2026
9:50am on Monday 10th of February, 2025 AEDT
Key Points
Sale of 65.58-acre Augusta, Georgia property agreed at US$5 million
Inspection period for property sale extendable up to 12 times with fees
iBorrow financing facility extended to January 15, 2026, with unchanged interest rate
Extension fees partially allocated to loan fees, interest reserve, and principal paydown
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