Loan Type : Refinance
Loan : $3,650,000
A $3,650,000 permanent loan for the refinance of a 44,600 square foot office building located in Blue Bell, Pennsylvania. The loan features a ten-year term at a fixed rate of 5.0% for the first five years followed by an interest rate reset to 2.75% over the 5-year treasury. The loan was underwritten at 75% of stabilized value.