KANSAS CITY INDUSTRIAL

Details

Loan Type: Non-recourse

Loan: $3,000,000

This loan was on a 413,000 square foot manufacturing and distribution center in Kansas City, KS. It carries a 5% interest rate with a five-year term and a 20-year amortization. A subsidiary of an investment grade company was a long term occupant. RPC was able to meet the client’s primary requirement of non-recourse financing despite the age and location of the asset.

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