The 10-year loan is being amortized on a 30-year schedule with a 7.12% interest rate.
Arbor Commercial Mortgage of Uniondale, NY, arranged the financing. Arbor's Ridgely W. Potter, regional director, Mid-Atlantic region, originated the loan and had it underwritten in Arbor's Bethesda, MD office.
NOT FOR REPRINT
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
