Excerpted from December 17, 2018 issue of Crittenden Report.
Franklin Street Capital Advisors
600 N. Westshore Blvd., Suite 600, Tampa, FL 33609
Ben Miller, Director, Loan Origination
Casey Siggins, Director, Loan Origination
[email protected]; [email protected]
Franklin Street Capital Advisors closes financing for a portfolio of three multifamily properties in Tampa, Fla., with a regional bank lender. The lender provides 65% leverage at a sub-5% rate, which is fixed for the entire 10-year term. The loan also has 30-year amortization and no prepayment penalty.