Loan Type : Refinance
Loan : $4,800,000
A $4,800,000 refinance of a Class A office building and an industrial distribution and self-storage complex in Pottsville, Pennsylvania. The blanket mortgage was underwritten with a 10-year term on a 20-year amortization and a fixed interest rate of 3.75% for the initial five years. The loan was underwritten at 65% loan-to-value.