Bridge Loan with Condo Releases Closed at 4.28%

The loan of the week for August 27, 2013 features a $2.75 million loan that is fixed for 5 years at 4.28% with interest-only payments for the first 3 years. It also includes a provision that allowed for the townhomes to be sold individually without a prepayment penalty. To read more, click here.

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