Promenade Commercial Lending secured the funds for our client to purchase this Denver apartment complex. The complex has 64 units. The loan was 80% LTV or ~$4.5MM.
The client opted for a 12-year term, with 30 year amortization.
This was a non-recourse loan with no lender legal fees. Our commercial lending expertise made this deal happen.
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64 Unit Apartment Complex
- $4.5MM
- 12-Year Term
- 80% LTV
