Cash-Out Permanent Loan
3.85% fixed rate
Rate Locked at Application
Sponsor required non-recourse terms and a bank execution. Not the easiest placement in the current office environment. However, this property had a strong operating history during covid, and excellent sponsorship. Property has: mostly small local tenants, a few healthcare related, good parking, and is overall a very well maintained property.
Michael Brown – firstname.lastname@example.org