Property Type: 4 Story Apartment Building Containing 10 Units In Brewerytown Section of Philadelphia
Loan Type: Conventional with Regional Lender
Goals Achieved: ALL Commercial Capital aided client in executing 1031 exchange to purchase the property within 42 days!
Loan Amount: $1,548,750
Term: 5 yrs., optional 5 yr. reset w/ no floor
Amortization: 25 years
Lender Fees: 0.50% (Our team negotiated this fee down from 1%)
Max LTV/LTC: 80%
Prepayment Penalty: Stepdown 5% – 1%
