other material
confidence high
sentiment neutral
materiality 0.65
BayFirst Financial closes $15M sale-leaseback of two branch properties
BayFirst Financial Corp.
- Sold Seminole and Countryside branch office properties for aggregate cash of $15.0M.
- Entered into 15-year Master Lease with annual rent of approx. $1.24M for both properties.
- Transaction closed on Dec 31, 2024, with Mountainseed Real Estate Services as buyer.