RPC Logo (B)RPC Logo (B)RPC Logo (B)RPC Logo (B)
  • Home
  • Our Team
  • Our Process
  • Loan Products
  • Closed Transactions
  • Contact Us
  • Database
✕

$13,600,000 Office Bridge Loan

Loan Type : Acquisition

Loan : $13,600,000

A $13,600,000 non-recourse bridge loan and $2,500,000 of equity for the acquisition of a three-property office portfolio located in Allentown, Pennsylvania. The loan features a 36-month interest-only term with a floating rate of the LIBOR plus 425 basis points. The loan was underwritten at 75% of stabilized value and 85% of project cost.

About Us

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

Rates and Bonds

Contact Us

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

Follow Us

  • Facebook
  • LinkedIn