Philadelphia Mixed Use

Philadelphia
,
PA
75% LTV, 5/25
Amount: $
Interest Rate: 
4.65
%

StackSource recently sourced a cash out refinance loan for a 3,777 sq ft mixed-use Multifamily/Retail building located in Philadelphia, PA. The property is currently 100% occupied and will continue to be managed by the existing management company. Capital Advisor, Omar Sobhy, worked with a Philadelphia based bank to secure a 75% LTV loan priced at a 4.65% fixed rate for 5 years based on a 25-year amortization schedule.

Charitable Cause supported by 1% of StackSource's revenue on this transaction:
Habitat for Humanity of Greater Newark