Selectcommercial.com Funds $952,000 Investment Property Loan Located in New Smyrna Beach, FL
Selectcommercial.com announced on Friday, January 9th 2015, the closing of a $952,000 purchase of a 37 unit apartment property located in New Smyrna Beach, FL. The borrower purchased this property for an investment. He received a 5 year fixed rate loan with a 25 year amortization. It was acquisition financing.