FOLCROFT APARTMENTS

Details

Loan Type:Permanent Refinance
Loan::$1,540,000

This transaction was a $1,540,000 refinance of two apartment buildings totaling 38 units in Folcroft, PA. The 75% loan-to-value mortgage was written as a non-recourse 10-year loan with a 30-year amortization and a fixed interest rate of 4.125%.

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