News: Financial Digest
Posted: September 12, 2007
Q10|N.E. Realty Resources places $6.578m financing
According to James Murphy of Q10| New England Realty Resources financing has recently been placed on property located in Naperville, Illinois.
Q10 represented the borrower in securing $6.578 million in acquisition and permanent financing for a 171,630 s/f multi-tenant industrial building located at 720 Frontenac Rd. The loan included a 7-year, fix rate, interest only structure priced aggressively over treasuries, rather than LIBOR.
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