$2,162,000 – Non-Recourse, Fixed Rate, 10-Year Perm, Cash-out, Multifamily, Miami, FL
Cash-Out Permanent Loan
Non-Recourse
3.62% fixed rate
30-year amortization
Rate Locked at Application
DETAILS:
Property was recently improved and sponsor desired to recap some of the capex. Property is well occupied, stabilized, well managed, and performed very well during covid.
Dan Bockstoce – db@banyancc.com
Michael Brown – mb@banyancc.com