Timmers Lane Multifamily Refinance

Appleton
,
WI
4.26% fixed, 5 year term, 25 year amortization
Amount: $
426679
Interest Rate: 
4.26
%

StackSource recently arranged a refinancing of $426,679 for a stabilized 8 unit multifamily building in Appleton, WI. The sponsor is a resident of Montana and this is their only building in the Midwest. Many lenders in the Midwest will not lend to out-of-state sponsors. Despite multiple issues with the property including back taxes and sub-par property management, StackSource Capital Advisor, Freddy Johnson, was able to secure a loan at 4.26% fixed for 5 years with a 25 year amortization for the property. Freddy is looking forward to continuing his relationship with the lender as they have provided exceptional service and terms for complex deals.

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