RCA Secures Acquisition Financing Totaling $4,035,000

Sep, 10 14 Post by: RRA | Comments Off on RCA Secures Acquisition Financing Totaling $4,035,000

4441-7 Chestnut Street Philadelphia

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 George Johnson for more details or to discuss commercial financing options at 215.989.4443

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