Home | January 2012News | AVANT Capital Partners closes $2,350,000 conventional mortgage for retail center in Houston, TX |
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AVANT Capital Partners closes $2,350,000 conventional mortgage for retail center in Houston, TX
- AVANT Capital Partners closes $2,350,000 conventional mortgage for retail center in Houston, TX
- January 06, 2012
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AVANT Capital Partners (AVANT) closes a retail plaza loan.
AVANT Capital Partners (AVANT) has just closed another conventional mortgage in Houston, Texas. This $2,350,000 retail plaza loan is estimated to be 70% of property value. It features a ten year term amortizing over 25 years and has a fixed interest rate of 5.264%. The loan enabled the borrower to fully payoff their existing mortgage and establish reserves.
The property is a retail plaza shadow anchored by Wal-Mart Supercenter and Home Depot. This stabilized property is situated in a high-t...
- View more at: http://www.1888pressrelease.com/avant-capital-partners-closes-2-350-000-conventional-mortga-pr-363511.html
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