Two Single-Tenant Properties
$1,570,000 Two Single-Tenant Properties
Location: Metro Detroit, MI
Loan Amount: $1,570,000
Term: 10 Years
Amortization: 25 Years
Execution: Bank
District Capital was able to procure a 10-year loan at 67% LTV for the purchase of two single-tenant properties leased to a T-Mobile franchisee. The loan was closed on an expedited timetable and included below-market closing costs.