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$3,700,000 Medical Office Acquisition Loan

Loan Type : Acquisition

Loan : $3,700,000

$3,700,000 non-recourse acquisition loan for an 8,219 square foot medical office building located in Plainview, New York. The five-year loan is based on a 25-year amortization schedule with the first 12 months interest-only. The loan features a floating rate of the five-year Treasury plus 240 basis points and was underwritten at 75% loan-to-value and 100% loan-to-cost.

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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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