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RCA Closes on a $19,700,000 Acquisition Loan for 189 Units Located in Delaware County, Pennsylvania.

by RRA on September 23, 2019
RCA Closes on a $19,700,000 Acquisition Loan for 189 Units Located in Delaware County, Pennsylvania.
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Rittenhouse Capital Advisors recently closed on a $19,700,000 acquisition loan for a three-property multifamily portfolio consisting of 189 units located in Delaware County, Pennsylvania.

  • 12 Year Term
  • 30 Year Amortization
  • Interest Rate of 3.40%
  • 2 Years of Interest Only
  • 75% LTV
  • Non-Recourse
  • Assumable
  • Lender at Par
  • Supplemental Earn-Out Available After Year 2
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