Chicago & FL Residential Portfolio
Non-recourse, 30 year amortization
StackSource successfully closed a $4,040,000 refinance for a 25-door SFR and Multifamily investment portfolio, of which 23 properties are located in Chicago and 2 properties are located in Florida. The borrower was able to obtain non-recourse financing at 75% LTV with a 30 year amortization and capitalized on the recent drop in interest rates.
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