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Deal Description
Kay Finance secured the senior loan for this transaction. This was a great local deal with a client who owned similar type properties through the Houston, TX area. We utilized a strong regional bank who was able to offer both a the most competitive rate and a flexible pre-payment penalty.
Property Location
Houston, TX
Quick Stats
Partner Type
Perm Loan / Bank
Program Type
Acquisition
Program details
- 65% LTV - 4.25% Rate - Non-recourse - 5 Yr Term
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