Perm Loan – Class A Mixed Use Acquisition

permanentmixed-use

$11,665,000

Perm Loan – Class A Mixed Use Acquisition

Kansas City, MO

Acquisition financing for Thrive Flats, a recently constructed 100-unit mixed-use property with ground lease, broken condo retail, and underwriting to pro forma rents.

Deal Terms

Loan Amount$11,665,000

Term7 Years

Rate5.45%

LTV61%

Amortization5 Yr IO, 35 Yr thereafter

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