Neighborhood Center
Tertiary Market
Location: Suburban, Michigan
Loan Amount: $3,150,000
Term: 25-Year
Amortization: 25-Years
Execution: Life Company
- 31,500sf neighborhood center
- 25yr term with resets/open prepay
- No reserves, No escrows
- No property performance covenants
- No global cash flow underwriting
- Assumable