Windsor Heights Mixed Use
StackSource successfully sourced and arranged financing for a 100% occupied, 30,000 sf 15-unit mixed use office and residential property located in Windsor Heights, IA. The property sits on University Avenue and features 4 commercial units and 11 residential units. Capital Advisor Chris Peters arranged financing from a regional bank and secured a 5-year term, 25-year amortization loan fixed at 3.62%. The refinancing proceeds will pay off the current senior lender and pay down an existing investor.