$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