Loan Amount: $20,000,000
Term: 10-year fixed rate
Amortization: 30 Years
160,000 SF Grocery-anchored Retail Center
District Capital is happy to announce the refinancing of a grocery-anchored retail center in Ohio. The Borrower was able to lock into a low 10-year fixed rate with significant cash-out before the anticipated run-up in rates in 2022.