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Deal Description
Kay Finance secured the senior loan credit facility for this transaction. We had a particular client who was scaling their Single Family rental business and were acquiring properties a quick pace. Kay secured a $5M credit acidity which allowed them to borrow in a expedited 10-20 day timeframe which allowed them to have a competitive edge over their competition when acquiring properties.
Property Location
Nationwide
Quick Stats
Partner Type
Credit Facility / Debt Fund
Program Type
Acquisition
Program details
- 80% LTC - 7.5% Rate - Non-recourse - 24 month term
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