Fairlawn Ohio Office Refinance
StackSource successfully sourced and arranged financing for an office property in Fairlawn, OH. The property is occupied by two tenants, the borrower's vision clinic, Handel Vision Clinic, and Edward Jones. Capital Advisor Chris Peters arranged financing from a regional bank and secured a 10-year term fixed at 3.50%. The $640,000 loan includes a $420,000 first mortgage and a $220,000 SBA subordinated tranche.