Multi-Family

$1,775,000 Freddie Mac Small Balance Loan

Location: Madison Heights, MI
Loan Amount: $1,775,000
Term: 10 Years
Amortization: 30 Years
Execution: Freddie Mac SBL

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.