$1,875,000, acquisition
4.75 % fixed, locked at application
5 year fixed rate loan
25 year amortization
No-Prepayment Penalty
Non-Recourse loan to foreign national
International savings bank execution.
Sponsor is a foreign national and wanted a non-recourse loan with no prepayment penalty
Closed by Brad Beattie and Michael Brown
bb@banyancc.com
mb@banyancc.com