Kentucky Telehealth Operations Office

Madison County
,
KY
3.75% fixed, 20 day submission -> close
Amount: $
496000
Interest Rate: 
3.75
%

StackSource recently arranged financing on behalf of a Kentucky based mental health medical practice that, due to COVID, has a growing telehealth business.  The client was under contract to acquire a vacant 10,000 square foot industrial / office property to expand their telehealth office operations and needed to close by 12/31, leaving StackSource 20 days to source, structure and close the deal.  StackSource Capital Advisors Chris Peters and Freddy Johnson were able to secure an 80% LTV, 5-year fixed rate mortgage at 3.75% with a 20-year amortization from a regional bank lender that charged a flat $1,000 lender fee.

Charitable Cause supported by 1% of StackSource's revenue on this transaction: