Closed Transactions / Multifamily - Tri Cities, WA
- Location
- Tri Cities, WA
- Interest Rate
- 3.81%
- LTV
- 57%
- Loan Amount
- $5,150,000
- Loan Type
- CMBS 10 Year, Interest Only Non-Recourse
- Date
- September 2020
AAI Financial facilitated the closing of a $5,150,00 loan for the construction take-out financing of a multifamily property. We were able to utilize the CMBS market to lock in a low long-term interest only rate with non-recourse.
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