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STNL – Acquisition Financing

Northeastern, US

$13,500,000

Northeastern, US

$13.5M Bridge to Permanent Financing

 

Property and Location:

 

  • 120,000 Home Depot
  • Northeastern USA

Constraints:

 

  • Buyer needed to meet 1031 exchange deadline
  • Blend and extend existing lease

Outcome:

 

  • $13.5M private money Bridge Loan for 60 days until permanent loan closed
  • $13.8M CMBS Take-Out Permanent
  • 5.15%; 10 years Fixed IO
  • 68% LTV
  • Non-Recourse


Work With Us

You will be backed by one of the most innovative, supportive, and technical mortgage banking leadership teams in the industry and we are all committed to the success of the enterprise.

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