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permanentmultifamily
$3,600,000
Perm Financing – 28-Unit Apartment
Oregon, OR
Cash-out refinance of a garden-style 28-unit apartment in a tertiary Oregon market (100 miles from nearest MSA). 16 of 28 units under master lease to a hospital. Non-recourse agency loan at maximum leverage.
Deal Terms
Loan Amount$3,600,000
Term10 Years
Rate3.95% Fixed
LTV75%
Amortization5 Yr IO, 30 Yr thereafter
FeeNone
PrepaymentYield Maintenance
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