Property Type: Non-Owner Occupied two-story office building totaling 20,047 sq. ft. and also includes 3 story parking garage
| 1st Deed of Trust: CRE Term Loan
Loan Amount: $2.68MM
LTV: 40%
Term: 10 Years, 5 Year Reset
Amortization: 25 Years
Interest Rate: 4.25%
Lender Fees: 0.75%
Prepay: 1% for 1st year only |
|
|
|
| 2nd Deed of Trust: Non-Revolving Line of Credit
Loan Amount: $2.01MM
LTV: 70%
Term: 10 Years, 5 Year Reset
Draw Period: 9 Months
Amortization: 25 Years
Interest Rate: 4.4%
Lender Fees: 0.75%
Prepay: N/A |
|
