Multi-Tenant Office

$10,400,000 60,000 SF Office Building Acquisition Loan

Location: Ann Arbor, MI
Loan Amount: $10,400,000
Term: 25 Years
Amortization: 25 Years
Execution: Life Company

District Capital closed a $10.4MM acquisition loan on a 60,000 square foot office property in Ann Arbor, MI.  The loan was closed with a correspondent life insurance company and featured a 25-year term with a 25-year amortization schedule.