Construction Loan – 71-Unit Mixed Use Project

constructionmixed-use

$16,000,000

Construction Loan – 71-Unit Mixed Use Project

Salem, OR

All-in-one construction/mini-perm/perm loan for Anthony's Place, a 71-unit mixed-use project with 13,000 SF ground floor retail. Fixed rate through stabilization.

Deal Terms

Loan Amount$16,000,000

Term5 Years

Rate4.87% Fixed

LTC85%

LTV64%

Amortization24 Mo IO, 30 Yr thereafter

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