Wednesday, March 4, 2009

NBS Financial Secures $3.7M for Edmonds Apartments

Fairway Apartments - Edmonds, Washington
  • $3,700,000 loan
  • 38-unit apartment community
  • Unique loan feature: No prepayment penalty
  • 70% loan-to-value - 1.20 debt service coverage ratio
  • Financed by Erich Guenther of NBS Financial's Seattle office

No comments: