Student Housing Community
Ground Floor Retail
Location: Detroit, Michigan
Loan Amount: $7,000,000
Term: 5-Year
Amortization: 30-Year
Execution: Life Company
- 140-bed Student Housing
- Partial Recourse
- Locked Rate at Application
- Treasuries were 35 bps higher at closing
- Life Company Correspondent Execution
- District Capital Services the Loan