Multi-Family – 24 Units

Type: Refinance
Location: Tallahassee, FL
Cost: $720,000
Amortization: 5/1 ARM – 30 Years
Rate: 6.00%
LTV: 75%  Cash Out

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AIM Funding Group, LLC and LaSalle Bank Provides $720,000 Loan for the refinance of a 24 unit Apartment Building located in Tallahassee, FL.

Tallahassee, FL – June 2004

Multifamily Loan Summary:

AIM Funding Group, LLC closed a $720,000 loan in Tallahassee, FL for the refinance of a 24 unit Apartment Building in June of 2004. The loan has an initial 5-year fixed rate, and is fully amortizing over 30 years. AIM Funding Group originated the loan in conjunction with one of its correspondent lenders, LaSalle Bank.

Mark Moyano of AIM Funding Group was the loan originator for the transaction.

About AIM Funding Group:

AIM Funding Group is a premier provider of multifamily and commercial loan financing for commercial real estate investors. AIM Funding Group brings an extensive network of lending sources, structured finance experience with a focus on multifamily properties throughout the country. AIM Funding Groups office is located in Coral Springs, FL. Company information can be found at www.aimfundinggroup.com.

 

Property Photos

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