Rate Locked at Application
5-Year Term with 5 year extension option
Sponsor is out of state and sought to purchase this portfolio of 69 rental units, mostly single family homes. All properties are within the Dickinson, ND energy area, which has a strong economy due to oil prices. Banyan Commercial Capital was able to procure a lender that understood the area, and had local experience.
Nico Pepia – firstname.lastname@example.org
Michael Brown – email@example.com