RCA Secures Acquisition Financing Totaling $4,035,000
by RRA on September 10, 2014
JUST CLOSED: RCA SECURES ACQUISITION FINANCING TOTALING – $4,035,000
- Acquisition financing for University City investment property
- 30 apartment units 13 commercial tenants
- Financing at 75% LTV
- 30 year amortization – 12 year term (fixed rate for 7 years followed by rate reset in years 8-12)
- 7 year fixed rate at 3.50%
- No reserve requirement
- Flexible prepayment
Call (215) 989.4443 to discuss commercial financing options.
