Loan Type : Construction Loan
Loan : $20,400,000
A $20,400,000 construction loan for the development of a six-story, 101,000 sq. ft. mixed-use Class A office building in Bethlehem, Pennsylvania. The loan features a 24-month interest-only construction period followed by a 36-month mini-permanent loan on a 25-year amortization. The rate for the full term was fixed at 4.375%.