Selectcommercial.com Funds $1,100,000 Commercial Mortgage Loan Located in Indianapolis, IN
Selectcommercial.com announced on Thursday, January 8th, 2014, that it originated a $1,100,000 loan for a FedEx/Kinko's property located in Indianapolis, Indiana. The borrower received a 10 year fixed rate loan and a 25 year term and amortization. This allowed the borrower to pay off a high rate loan and lock in a long term fixed rate.
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