Loan amount
$4,000,000
Loan type
As-Is Property Value
$5,000,000
LTV
80%
{LTV}
Property type
Commercial / Class A Office
Borrower Details
Credit score
570
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Pennsylvania
Loan Details
Additional Loan Information
21,000 Sq Ft, Fully Occupied, 8 tenants, $465,000 annual Gross Rent. I built the building 2014-2015. First tenants moved in 2016. New construction cost was $6m. Located in Beaver, PA (30 miles from Pittsburgh). Mortgage at Enterprise Bank I want to refinance. Loan term is rate dependent. Would love to get a 10 year/ 30 am. Just need to leave current lender.
Status
Closed
Created
October 25, 2019 - 9:41am
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