Davita Wagoner Refinance
3.70% rate, 5-year fixed, cash-out refinance
StackSource arranged a $1,850,000 cash-out refinance of a DaVita single tenant net leased property in the greater Tulsa, OK area.
StackSource Capital Advisor Robert Newstead arranged the recourse financing through a regional credit union with a mid-3% interest rate on behalf of the client. The rate remains fixed for five years and will be re-priced at the WSJ Prime rate plus 50 basis points fixed for the remainder of the 10-year term.
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