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Long-term Loan - STNL

LifeCo Debt with Near-term Roll

Location: Canton, MI
Loan Amount: $1,650,000
Term: 7+7+7+4 Years
Amortization: 25 Years
Execution: Life Company 

District Capital is pleased to announce the recent closing of a Single-Tenant Net Lease asset with our correspondent LifeCo lender. Our lender was able to provide a 25yr loan (with rate resets) for a special-use property with near-term rollover.