$2.0MM Multifamily Refinance

Date:
February 11, 2014
Property Type:
Multi-Family
Loan Scenario:
An owner of a 24-Unit Multifamily Property in Coral Springs, FL approached 1st Commercial to structure financing to take out his seller held note at an aggressive interest rate.

Conventional Financing Structured:

Financing structured to refinance current debt at lower interest rate & re-amortize the loan over 30-Years.

Loan Proposal Issued: 2/11/2014

Loan Terms:
$2,000,000 MULTIFAMILY REFI, 4.00%, 10-YR TERM, TWO 5-YEAR FIXED PERIODS, 30-YR AMORTIZATION

Contact one of our experienced Commercial Loan Advisors at (800) 341-6199