Brooklyn Multifamily Refi
4.55% fixed, 30 year amortization
The last closing of 2018 for StackSource was for a small multifamily property in Brooklyn. $2.125 Million, non-recourse, mid 4s rate for 5 year fixed loan term, 30 year amortization with a balance sheet lender. This loan was selected for the competitive rate and long amortization period at a strong LTV in order to maximize the investment return.
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