$2,162,000 – Non-Recourse, Fixed Rate, 10-Year Perm, Cash-out, Multifamily, Miami, FL

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$2,162,000

Cash-Out Permanent Loan

Non-Recourse

3.62% fixed rate

30-year amortization

Rate Locked at Application

DETAILS:

Property was recently improved and sponsor desired to recap some of the capex. Property is well occupied, stabilized, well managed, and performed very well during covid.

Dan Bockstoce – db@banyancc.com

Michael Brown – mb@banyancc.com