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$19,500,000 Multi-family Bridge Loan

A $19,500,000semi-permanent bridge loan for the conversion of a student housing property in Bloomsburg, Pennsylvania. The loan features a 5-year term with a 30-year amortization with the first 24 months interest only, and a loan-to-value of 75%. The interest rate is LIBOR plus 500 basis points with a 50-basis point LIBOR floor.

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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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