(1888PressRelease) The proceeds were used by the Sponsor, Leon Harris, for the repayment of existing debt and equity for future acquisitions. The mortgage had a 10 year fixed term, a 4.20% rate and a 30 year amortization schedule and was collateralized by five multifamily complexes.
Saturday, September 15, 2012
Terrace Capital, Inc. Announces- $8.87MM Non-Recourse, Multifamily Fannie Mae Loan- Chicago, IL
(1888PressRelease) The proceeds were used by the Sponsor, Leon Harris, for the repayment of existing debt and equity for future acquisitions. The mortgage had a 10 year fixed term, a 4.20% rate and a 30 year amortization schedule and was collateralized by five multifamily complexes.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment