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$5,400,000 Office Construction to Permanent Loan

Loan Type : Acquisition

Loan : $5,400,000

A $5,400,000 permanent loan for the acquisition and tenant fit-out of a DaVita Dialysis located in Tacoma, Washington. The loan was written at 70% loan-to-stabilized value and represents 82% loan-to-cost. The loan carries 36-month term with a 25-year amortization at 275 basis points over LIBOR points with a floor of 4.75%.

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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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