ROCKVILLE, MD-Citybizlist.com reported that a Class A shopping center in Olney has received $31.25 million in financing from RBS Citizens. David Redmond, Senior Vice President at Walker & Dunlop LLC, arranged the loan for Olney's Fair Hill Shopping Center.
The loan has a term of 10 years and is structured with 1-year interest only and a 30-year amortization schedule. The newly renovated retail center sits on more than 12 acres of land. For the full story, go to Baltimore Business Journal .
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