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Palace Court

436-438 S Main St, North Syracuse

Loan Amount

$5.5M

Deal Description

Kay Finance brought a higher LTV loan than competing agency offer, with flexible prepay of 2% from the onset.

Property Location

436-438 S Main St, North Syracuse

 Quick Stats 
Partner Type

Bank

Program Type

Multifamily acquisition/Refinance

Program details

Acquisition
LTC: 80%
Rate: 5.5% fixed
Term: 5 years
IO period: 2 years
Recourse or non-recourse: partial recourse

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