Flex Industrial Portfolio

$9,600,000 Rochester Hills Flex Industrial Portfolio

Location: Rochester Hills, MI
Loan Amount: $9,600,000
Term: 20 (10+10) Years
Amortization: 20 Years
Execution: Life Company 

District Capital is pleased to announce the recent funding of a six-building flex industrial portfolio.  The life company execution provided a mid-3% interest rate fixed for 10 years.  The assets are family-owned, so the loan was structured to allow for estate planning transfers, release provisions to allow flexibility during the 20-year loan term.