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Featured Deal of the Month: October 2017
Posted 9/18/2017
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The BSC Group recently closed a $22 million loan for a publicly traded REIT investing in a joint venture with a state pension fund. Loan proceeds were used to acquire three newly built properties, still in lease up, in the Atlanta, GA MSA. The five-year, non-recourse financing package featured a low interest rate that was fixed via a swap mechanism and 24 months of interest-only payments, which was followed by a 25-year amortization for the remaining term of the loan.

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