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Deal Description
Secured a portfolio loan of 17 assets in Memphis. It allowed the client to cross collateralize the asset pool in order to maximize rates and terms that they would not attain by financing each asset one by one.
Property Location
Midwest
Quick Stats
Partner Type
Bank
Program Type
Perm Loan
Program details
- 90/10 equity split
- Waterfall (Promote)
- Max - 35/65 promote split
- 5 year investment outlook
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