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$5,005,000 Office Construction to Permanent Loan

Loan Type : Construction Loan

Loan : $5,005,000

A $5,005,000 construction to permanent mortgage to construct a 16,000 square foot medical office building leased to St. Luke’s University Health Network located in Easton, Pennsylvania. The loan carries a five-year term with a fixed rate of 4.25%, with a 12-month interest-only period during construction. The loan was underwritten at 77% loan-to-value and 85% 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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