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$4,500,000 Industrial Bridge Loan

Loan Type : Acquisition

Loan : $4,500,000

A $4,500,000 non-recourse bridge loan for the acquisition of a 127,000 sq. ft. Class- flex/ Industrial property located in Norristown, PA. The non-recourse loan features a 36-month interest-only term at 375 basis points over LIBOR and was underwritten at 71% of the property’s value.

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Based in the Philadelphia region, Real Property Capital, Inc. (RPC) is a commercial mortgage banking firm with a regional focus and national capabilities... Read More

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303 Harry St.
Conshohocken, PA
19428
(610) 456-9644
bgreen@realpropertycapital.com

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