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$1,800,000 Student Housing Permanent Loan

Loan Type : Permanent Financing

Loan : $1,800,000

A $1,800,000 cash-out refinance of an 11-unit, 33 bed student housing development in the Temple University market. The loan carries a ten-year fixed rate term with a 30-year amortization and an interest rate of 5.375%. It was underwritten at 75% loan-to-value and is non-recourse.

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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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