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$2,600,000 Medical Office Construction to Permanent Loan

Loan Type : Construction Loan

Loan : $2,600,000

A $2,600,000 construction loan for the acquisition and tenant fit-out of a DaVita Dialysis located in Springfield, Illinois. The loan was underwritten at 76% loan-to-stabilized-value and represents 90% loan-to-cost. The loan carries 24-month term with a floating rate of the prime plus 1.25%.

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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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