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Perm Loan – 160-Unit Class A Apartment
permanentmultifamily

$23,700,000

Perm Loan – 160-Unit Class A Apartment

Nampa, ID

Refinance of Breckenridge Apartments, a 160-unit Class A property closed prior to stabilization at 85% occupancy. Lender required only 75% occupancy.

Deal Terms

Loan Amount$23,700,000
Term10 Years
Rate5.99% Fixed
LTV58%
Amortization7 Yr IO, 30 Yr thereafter
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