Retail Outlot Acquisition
Location: Texas
Loan Amount: $1,820,000
Term: 10 Years
Amortization: 25 Years
Execution: Life Company
Key Points
- Secondary Market
- 10-year term / 25-year amort
- 5.75% Fixed Rate
- No global cash flow underwriting
- No property performance covenants
- No reserves, no escrows