Brittnae Pines Apartments

transaction_brittnae_pines_aptsLoan Amount: $10, 600,000
Lender: CMBS
Loan to Value: 75%
Debt Coverage Ratio: 1.42X
Term: 5 years
Amortization: 30 years
Deal Points: Non-recourse, maximum loan amount requested, Yield Maintenance prepayment penalty and cross collateralized with Mesa Ridge