Multi-Family

$3,425,000 Freddie Mac Small Balance Loan

Location: Royal Oak, MI
Loan Amount: $3,425,000
Term: 20 Years
Amortization: 30 Years
Execution: Freddie Mac Small Balance Loan

District Capital closed a Freddie Mac Small Balance loan providing their client with non-recourse, fixed-rate financing for 10 years.  This loan was closed during the middle of the COVID-19 crisis while all parties involved were working remotely.