Kentucky Telehealth Operations Office
3.75% fixed, 20 day submission -> close
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.
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