Minneapolis Retail Refinance
StackSource successfully arranged a refinancing for a multi-tenant retail property located in Minneapolis, MN. The borrower originally acquired the property in 2005 and was stuck in a high interest rate loan. The credit union lender provided a 10-year term, 30-year amortization loan fixed at 4.28% with no prepayment penalty. Executed term sheet to close was under 40 days.