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Livonia Industrial

$3,500,000 Life Company Cash-Out Refi


Location: Livonia, MI
Loan Amount: $3,500,000
Term: 15 Years
Amortization: 20 Years
Execution: Life Insurance Company

District Capital is pleased to announce the recent closing during the Covid-19 crisis. The borrower secured a 15-year fixed rate at sub -3.5%. This cash-out creates dry powder for any opportunities that the borrower finds in the coming months.