Suburban Apartments

$5,700,000 Cash-out Refinance of Suburban Apartments

Location: Suburban Detroit, MI
Loan Amount: $5,700,000
Term: 10 Years
Amortization: Full-Term Interest-Only
Execution: CMBS

District Capital arranged a cash-out refinance, full-term interest-only loan with a mid-3% rate. Non-recourse. No brainer.