Project Features:
- Cash-Out-Refinance
- $8,500,000 Permanent Loan
RPC secured $8,500,000 in permanent financing for a 70,000 square foot industrial property consisting of a truck terminal, digitized billboard and parking lot located in Philadelphia, Pennsylvania. The five year loan features a fixed interest rate of 4.89% and was underwritten at 70% loan-to-value on a 25 year amortization schedule.