Multi-family – 8 Units

Type: Purchase
Location: Fort Lauderdale, FL
Loan Amount: $660,000
Amortization: 30 Year Fixed, 10 Years Interest Only - 30 Years
Rate: 6.78%
LTV: 80% LTV Purchase

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AIM Funding Group, LLC and ACT Mortgage Capital Provides $660,000 Loan for the acquisition of an 8 unit Apartment Building located in Fort Lauderdale, FL.

Fort Lauderdale, FL – June 2005

 

Multifamily Loan Summary:

AIM Funding Group, LLC closed a $6660,000 loan in Fort Lauderdale, FL for the acquisition of an 8 unit Apartment Building in June of 2005. The loan has a 30-year fixed rate, and is fully amortizing over 30 years. This loan also features a 10-year Interest Only payment period for increased cash flow. AIM Funding Group originated the loan in conjunction with one of its correspondent lenders, ACT Mortgage Capital.

Mark Moyano of AIM Funding Group waas 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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