$1,995,000, cash out refi
7.5 year fixed rate loan + 5 year extension option
25 year amortization
3.75% fixed and locked at application
Property consists of entire grade level commercial condominium, and adjacent 7,425 square foot surface parking lot, a well as 31 garage spaces. We had financed this property a few years ago, and were able to provide cash out and a lower rate and payment to sponsor.
Closed by Michael Brown