Aline Capital is pleased to announce the closing of an acquisition loan for a newly constructed, 13,583 SF daycare facility located in Greenville, SC. The acquisition was completed as part of a 1031 exchange for our client’s first commercial real estate acquisition. Aline worked closely with the Sponsor throughout the process to navigate the interest rate landscape and sourced a 10-year loan on a 25-year amortization at a fixed rate of 5.95% with no prepayment penalty. Congratulations to our client and all parties involved in a successful closing!
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