A $2,200,000 construction loan for two for sale luxury condominiums above a retail suite located on Germantown Avenue in the Chestnut Hill section of Philadelphia. The twenty-four-month loan features an interest rate of the Wall Street Journal Prime Rate plus 1%with a floor of 4.25%, and underwritten at 85% loan-to-cost and the 70% as-complete.
- A $2,200,000 construction loan for two for sale luxury condominiums above a retail suite located on Germantown Avenue in the Chestnut Hill section of Philadelphia. The […]
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