Loan Type : Acquisition
Loan : $1,850,000
A $1,850,000 permanent loan for a newly constructed 7,000 square foot DaVita Dialysis Center located in Baton Rouge, Louisiana. The non-recourse loan features a five-year term with a fixed-rate of 5.05% on a 25-year amortization. It was underwritten at 93% of cost and 75% loan-to-value.