Brush Street Building
$2,152,500 Refinance Office Building
Location: Detroit, MI
Loan Amount: $2,152,500
Term: 10 Years
Amortization: 25 Years
Execution: Credit Union
District Capital facilitated the refinance for this historical Brush Street Building in Detroit. The loan provided a cash-out component due to the value creation from ownership, and the interest rate was held from application to close during a rising interest rate environment.