$1,000,000, acquisition
4.75 % fixed
10 year fixed rate loan with 5 year reset
25 year amortization
No-Prepayment Penalty
Foreign National sponsorship
Savings bank execution.
Sponsor is a foreign national and wanted a loan with no prepayment penalty. Note, near term lease roll was extensive with several month to month leases.
Closed by Brad Beattie and Michael Brown
bb@banyancc.com
mb@banyancc.com
