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$63M OFFICE REFINANCE
$63M OFFICE REFINANCE
$63M OFFICE REFINANCE
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PROJECT INFO
$63,000,000
CMBS Refinance
3.75% interest Rate
Non-Recourse
10 years term/ 30 years Amortization
PROJECT DETAILS
Client retained V3 Lending to acquire a cash out 75% LTV loan on their office building. V3 Lending was able to structure a non-recourse CMBS loan that allowed the client to cash out $7M to invest in other projects. V3 Lending negotiated a 3.75% fixed interest rate for 10 years on 30 years amortization.
Closed Transaction
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