St. Louis commercial real estate loan

St. Louis – Industrial

$25,500,000 Interest Only Bridge Financing for an Industrial Park Reposition in St. Louis, Missouri Rate: One-Month LIBOR + 2.40%Loan to Cost: 100% of the projected CapEx/TI/LC costs to stabilization with no additional borrower equity requiredLoan to Stable Value: 70%Term: Three years plus two one-year extension optionsAmortization: Two years interest only; Read more…

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