$1,645,000, acquisition
4.75 % fixed
10 year fixed rate loan with 5 year reset
25 year amortization
No-Prepayment Penalty
Foreign National sponsorship
Savings bank execution.
This retail strip has 6,000 SF 4-tenant retail strip, shadow anchored by Walmart. Sponsor is a foreign national and wanted a loan with no prepayment penalty and flexibility.
Closed by Brad Beattie and Michael Brown
bb@banyancc.com
mb@banyancc.com
