Our commercial lending team closed a phenomenal high-quality apartment complex capital loan. More than $20MM was secured at 3.18% on a 35 year note. This complex has 205 executive units in premium real-estate. Our relationship with lenders ensured that this loan went through without a hitch. Absolute non-recourse, and the most competitive interest rate we could secure. This investment will be paying dividends for years to come.
205 Units
- $20MM
- 35 yr amortized
- 3.18%
205 executive units in a single commercial real estate loan
