Closed Transactions / Multifamily - Tri-Cities, WA
- Location
- Tri-Cities, WA
- Interest Rate
- 5.22% / 4.35%
- LTV
- 75% of Cost
- Loan Amount
- $9,512,000
- Loan Type
- Construction to Perm.
- Date
- January 2020
AAI Financial facilitated the closing of a $9,512,000 construction to perm loan to finance the construction of Phase I 60-units of a Five Phase Apartment Project. We were able to use sweat equity to adhere to loan to cost requirements.
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