$1,500,000 – 10-Year Fixed Rate of 3.74%, Non-Recourse, Multifamily Refi, Atlanta, GA

$1,500,000

Permanent Loan

Non-Recourse

Rate Locked at Application

3.74% fixed rate

10-Year Term with 10 year extension option

30-year amortization

 

DETAILS:

This loan will enable the client to perform upgrades that will enhance the tenant experience as well as the marketability of the units to future tenants. Rates at the time of closing were 100 bps+ higher from same lender. 

Dan Bockstoce – db@banyancc.com

Michael Brown – mb@banyancc.com