Purchase Loan
$1,600,000
Warehouse, Astoria, NY
A direct-lender loan funded from our own balance sheet.
Terms of the loan
- Loan Amount
- $1,600,000
- Loan Type
- Purchase Loan
- Property Type
- Warehouse
- Market
- Astoria, NY
- Structure
- 6.50% Fixed for 5 years with option to extend for 5 more years on 25 year payout
Borrower names and exact property addresses are withheld for confidentiality.
The transaction
Bank Purchase on a warehouse property in Astoria, NY. Loan amount $1,600,000. Terms: 6.50% Fixed for 5 years with option to extend for 5 more years on 25 year payout.
- $1,600,000 loan amount
- Warehouse · Astoria, NY
- Bank Purchase
- 6.50% Fixed for 5 years with option to extend for 5 more years on 25 year payout
Also in the ledger
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Past performance is not indicative of future results. All loans subject to underwriting and collateral approval.